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Abstract:
Based upon DEA model, this paper conducts an empirical study on the finance support efficiency of public companies from culture industry during the period from 2009 to 2012, and at the same time, by applying Logit model, analyses the factors that have impacts on the financing efficiency of culture industry. The results show that, the overall efficiency of cultural industry showed a rising trend, but the overall efficiency is not yet reached a high level, and there is more room to go. In addition, the Logit model results show that the factors influencing the financing efficiency of the cultural industry include firm size, asset utilization ability and etc. According to the analysis results of Logit model, this paper points out that the expansion of the scale of enterprises is critical at the moment to improve financing efficiency.
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PROCEEDINGS OF THE 2013 INTERNATIONAL ACADEMIC WORKSHOP ON SOCIAL SCIENCE (IAW-SC 2013)
ISSN: 1951-6851
Year: 2013
Volume: 50
Page: 339-343
Language: English
Cited Count:
WoS CC Cited Count: 0
SCOPUS Cited Count:
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 8
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