The Analysis of Financing Efficiency of High-tech SMEs-Based on listed Companies in Shandong

被引：0

作者：

Liu Ruibo ^{[1
]}

Fang Wenjing ^{[1
]}

机构：

[1] Shandong Univ Finance & Econ, Sch Financing, Jinan, Shandong, Peoples R China

来源：

STATISTIC APPLICATION IN MODERN SOCIETY | 2015年

关键词：

High-tech SMEs; Financing efficiency; DEA;

D O I：

暂无

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

With fast development of Chinese economy, increasing attention is drawn on the issue that financing has been plaguing the development of SMEs. Using the method of the data envelopment analysis (DEA), in which the total assets, asset-liability ratio, and operating costs are used as input indicators, while ROE,prime-operating revenue, and operating-income growth rate were set as outputs indicators, this paper has built a financing efficiency evaluation system. The result shows financing efficiency of 20 high-tech SMEs from Shandong were analyzed, but among them only 7 enterprises were DEA effective. At last we propose some feasible suggestions to improve their financing efficiency.

引用

页码：445 / 450

页数：6