Research on the investment efficiency based on grey correlation-DEA model

被引:2
|
作者
Yu, Hongxin [1 ]
Zhao, Yuanjun [2 ]
Liu, Wei [3 ]
Gao, Luwen [4 ]
机构
[1] Fac Business Econ, Shanghai Business Sch, Shanghai 200235, Peoples R China
[2] Nanjing Audit Univ, Sch Accounting, Nanjing 211815, Peoples R China
[3] Qingdao Univ, Business Sch, Qingdao 266100, Peoples R China
[4] Shanghai Univ Finance & Econ, Coll Business, Shanghai 200433, Peoples R China
关键词
Investment efficiency; SMEs; Grey relational analysis; BBC-DEA; INDUSTRY; 4.0; PRODUCTIVITY;
D O I
10.1007/s10479-021-04341-4
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
Small and medium-sized enterprises (SMEs) are an important part of stimulating market vitality. In the post-pandemic era, the ability of SMEs to absorb employment plays an important role in stabilizing society and promoting economic growth. This paper selects 226 sample data from 2014 to 2017 measures the investment efficiency of small and medium-sized enterprises and makes a further analysis its influencing factors. Because there is a lag between investment and output. In this paper, the grey correlation analysis is used. Measuring the investment efficiency of SMEs by using BBC-DEA method. The study found that the overall investment efficiency of SMEs is low. Considering from the inside of the enterprise, this paper uses the Tobit model to make an empirical analysis. It is found that the influence of board structure and agency cost on investment efficiency are significantly negative. Growth, ownership concentration, equity incentive, salary incentive, profitability of SMEs have a significant positive effect on the investment efficiency of enterprises.
引用
收藏
页码:53 / 53
页数:1
相关论文
共 50 条
  • [1] RETRACTED ARTICLE: Research on the investment efficiency based on grey correlation-DEA model
    Hongxin Yu
    Yuanjun Zhao
    Wei Liu
    Luwen Gao
    Annals of Operations Research, 2023, 326 : 53 - 53
  • [2] Grey correlation analysis based on super efficiency DEA with entropy weight restriction
    Chen, Aizu
    Xu, Na
    Hui, Hongqi
    ICIC Express Letters, Part B: Applications, 2013, 4 (06): : 1741 - 1745
  • [3] Research on General DEA Model Based on the Grey Linear Programming
    Xia, De-chang
    Li, Ben-tu
    Wang, Jin-ping
    Shi, Gui-ping
    Applied Decisions in Area of Mechanical Engineering and Industrial Manufacturing, 2014, 577 : 828 - 831
  • [4] RESEARCH ON COAL MINE PROJECT INVESTMENT DECISIONS BASED ON GREY CLUSTERING - CORRELATION DECISION MODEL
    Lu, Mingxiang
    Jia, Guojuan
    Tang, Zhuo
    GEOCONFERENCE ON SCIENCE AND TECHNOLOGIES IN GEOLOGY, EXPLORATION AND MINING, SGEM 2014, VOL III, 2014, : 489 - 496
  • [5] DEA Based Research on Investment Efficiency of Power Grid Marketing Project
    Tong, Jun
    Zhu, Bin
    Wen, Ming
    Miu, Zheng-zhuan
    INTERNATIONAL CONFERENCE ON MATHEMATICS, MODELLING AND SIMULATION TECHNOLOGIES AND APPLICATIONS (MMSTA 2017), 2017, 215 : 545 - 550
  • [6] Research on Investment Efficiency of Listed Companies Based on DEA Blockchain Concept
    Liu, Bin
    Mei, Shimeng
    2019 THE WORLD SYMPOSIUM ON SOFTWARE ENGINEERING (WSSE 2019), 2015, : 93 - 97
  • [7] A coordination research on urban ecosystem in Beijing with weighted grey correlation analysis based on DEA
    Jun, Guan
    Xiaofei, Chen
    Jun, J., 1600, Asian Network for Scientific Information (13): : 5749 - 5752
  • [8] Research on the Scientific Research Efficiency of Provincial Universities Based on the DEA Model
    Wang, Lifeng
    Wang, Tan
    MOBILE INFORMATION SYSTEMS, 2021, 2021
  • [9] DEA Cross-Efficiency Ranking Method Based on Grey Correlation Degree and Relative Entropy
    Si, Qin
    Ma, Zhanxin
    ENTROPY, 2019, 21 (10)
  • [10] The optimal design based on DEA and grey correlation analysis
    Sun Yu
    Hao Jianxin
    Du Wenyuan
    ADVANCES IN MANAGEMENT OF TECHNOLOGY, PROCEEDINGS, 2007, : 252 - +