Study on the Financing Efficiency of Listed Companies of Strategic Emerging Industries in Guizhou Province

Abstract

This paper studies the financing efficiency of strategic emerging industries listed companies in Guizhou province. This paper selects the total asset return and total assets turnover as output index, and selects interest expense, asset liability, total assets and cost as input index. The DEA method is used to evaluate the financing efficiency of strategic emerging industries listed companies in Guizhou province in 2014 and 2015. The results show that the comprehensive efficiency of strategic emerging industries listed companies in Guizhou province in 2015 is significantly higher than that in 2014.