A Study on the Financing Efficiency of Small and Medium-sized Enterprises Assemble Bond Based on DEA

DOI

10.2991/icemss-14.2014.42How to use a DOI?

Keywords

DEA, SMEs assemble bond, financing efficiency.

Abstract

The assemble bond is a new innovative financing channel for small and medium-sized enterprises (SMEs), which has unparalleled advantages in solving the financing difficulty. At first, to construct the SMEs assemble bond and board financing efficiency indicator system on the basis of DEA model. Then apply this model to make an empirical study. And the empirical result reflects that the SMEs assemble bond’s financing efficiency is higher than the SMEs board. In addition, we will investigate the advanced way to improve the financing efficiency of the SMEs assemble bond, which is to adjust the rate of financing cost and the main business revenue growth.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Weizhang Li
AU  - Chi Xie
PY  - 2014/08
DA  - 2014/08
TI  - A Study on the Financing Efficiency of Small and Medium-sized Enterprises Assemble Bond Based on DEA
BT  - Proceedings of the 2nd International Conference on Education, Management and Social Science
PB  - Atlantis Press
SP  - 147
EP  - 150
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemss-14.2014.42
DO  - 10.2991/icemss-14.2014.42
ID  - Li2014/08
ER  -