Welcome to Francis Academic Press

Academic Journal of Business & Management, 2022, 4(2); doi: 10.25236/AJBM.2022.040210.

Research on Financing Efficiency of NEEQ Based on DEA Model

Author(s)

Chenxi Liu

Corresponding Author:
Chenxi Liu
Affiliation(s)

Guangxi University, Guangxi 530000, China

Abstract

This paper firstly conducts practical research on Chinese NEEQ (National Equities Exchange and Quotations), evaluates the development status of NEEQ by referring to theoretical literature, and conducts academic research on related existing problems according to the status quo. On this basis, some NEEQ companies are selected as the empirical research orientation, and the financing efficiency of target companies is studied based on the DEA model. The study results found that NEEQ has problems such as low pure technical efficiency and a decline in total factor productivity.

Keywords

NEEQ(National Equities Exchange and Quotations); Financing efficiency; Data envelopment analysis; Empirical analysis

Cite This Paper

Chenxi Liu. Research on Financing Efficiency of NEEQ Based on DEA Model. Academic Journal of Business & Management (2022) Vol. 4, Issue 2: 59-64. https://doi.org/10.25236/AJBM.2022.040210.

References

[1] Yang Guozuo, Zhang Feng, Chen Ziyi. An Empirical Analysis of the Financing Efficiency of Companies Listed on the NEEQ companies [J]. Finance and Economics Theory and Practice, 2017,38(02):48-53.

[2] Shen Chen. Research on the Financing Efficiency of Small and Medium-sized Enterprises in the NEEQ Market——A Research on the Private Equity Issuance Based on the Three-stage DEA Model [J]. Audit and Economic Research, 2017,32(03):78-86.

[3] Jin Hui, Huang Jue. Financing Efficiency Evaluation of NEEQ Enterprises Based on Two-Stage DEA Model [J]. Productivity Research, 2017(09):29-33.

[4] Li Muchen, Ji Xuanming, Wang Kun. Financing Efficiency Evaluation of NEEQ Innovation Layer Manufacturing Enterprises Based on DEA Model [J]. Journal of Bengbu University, 2017,6(06):128-131+161.

[5] Meng Jiaying. Evaluation of Equity Financing Efficiency of Beijing NEEQ-listed Enterprises Based on DEA Model [J]. Operation and Management, 2018(01):101-104.

[6] Li Muchen, Ji Xuanming, Wang Kun. Financing Performance Analysis of NEEQ Innovation Layer Enterprises [J]. Productivity Research, 2017(11):44-47+161.

[7] Jin Hui, Huang Jue. Analysis of factors affecting the financing efficiency of my country's NEEQ enterprises [J]. Journal of Hangzhou Dianzi University (Social Science Edition), 2018,14(01):24-29.

[8] Yuan Zhuomiao, Wang Cong, Zhou Liqun. Research on the Financing Efficiency of the NEEQ Market for Tech-based Small, Medium, and Micro Enterprises——Also Analysis of the Path Selection to Solve the Problem of High Financing Costs for Tech-based Small, Medium, and Micro Enterprises [J]. Price Theory and Practice, 2018( 01):110-113.

[9] Ma Hanjiang. Research on the financing efficiency of small and medium-sized enterprises in the NEEQ market [J]. Taxation, 2018(17):184.

[10] Wu Yangfen, Zeng Fanhua. Research on the Measurement of Financing Efficiency of Small and Medium Enterprises on the NEEQ in my country [J]. Hubei Social Sciences, 2019(01):69-77.