Guangxi University, Guangxi 530000, China
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.
NEEQ(National Equities Exchange and Quotations); Financing efficiency; Data envelopment analysis; Empirical analysis
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