基于DEA的我国煤炭上市公司融资效率评析  

Evaluation and analysis of financing efficiency of Chinese coal listed companies based on data envelopment analysis

作　　者：晁坤[1] 耿璐[1] 

机构地区：[1]中国矿业大学(北京)管理学院,北京100083

出　　处：《中国矿业》2014年第6期44-48,共5页China Mining Magazine

基　　金：中央高校基本科研业务费项目资助(编号:2009QG06)

摘　　要：对煤炭上市公司融资效率进行评价和分析可以为煤炭企业改善融资效率进而有效突破当前困境提供借鉴。本文以数据包络分析（DEA ）为基础，对2007～2012年间我国煤炭上市公司的融资效率进行了研究，得到以下基本结论：我国煤炭上市公司的融资效率总体偏低；煤炭上市公司通过加强技术创新与开发、改进经营管理等途径提升自身融资效率的空间较大；多数煤炭上市公司需要在强化营业成本控制、优化资金配置和提高资产利用效率的基础上理性扩张自身规模，少数企业还要同时降低负债水平。Evaluation and analysis of financing efficiency of coal listed companies can serve as a reference for coal companies to improve financing efficiency and to further break the current adverse situations .Based on Data Envelopment Analysis （DEA ） , this paper studies the financing efficiency of Chinese coal listed companies from 2007 to 2012 ,and arrives at the following conclusions .In general , Chinese coal listed companies have low financing efficiency .Chinese coal listed companies have large room to increase their financing efficiency by strengthening technological innovation and development ,improving management ,etc .Most of Chinese coal listed companies need to expand rationally on condition that that they will strengthen cost control ,optimize capital allocation ,and improve utilizing efficiency of assets ,and a few companies also need to reduce their liabilities simultaneously .

关 键 词：煤炭上市公司 融资效率 数据包络分析 

分 类 号：F407.21[经济管理—产业经济]