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Title: Research on the Efficiency of Capital Allocation and Its Effect Factors of Low Carbon Business in China——The Empirical Test Based on the Data of A-Share Market
Source: International Conference on Engineering and Business Management 2012(Part 4 Urban Management and Financial Investment) (pp 2970-2973)
Author(s): Yingzi Wu, School of Economics and Management of Tongji University, Shanghai, China, 200092
Yuechun Wen, School of Economics and Management of Tongji University, Shanghai, China, 200092
Abstract: A non-parametric data envelopment analysis (DEA) model is proposed to evaluate the capital allocation efficiency of firms with the concept of low carbon in Chinese A-share market, then the main factors affecting the capital allocation efficiency is analysised with the regression approach, considering the business fundamentals and equity variables of firms, which will be in favor for the optimized capital allocation for low carbon business of China.
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