Evaluation on Anti-Risk Capability of Electric Power Listed Companies in China against the Financial Crisis

摘要

The financial crisis is an ongoing crisis triggered by a dramatic rise in mortgage delinquencies and foreclosures in the world now, with major adverse consequences for listed companies around the globe. Anti-Risk capability has very important influence over the competitiveness in the long-term development vice versa. And electric power enterprises in China must enhance their competitiveness force to increase market share. This paper constructs competitiveness evaluation index system of the listed companies in electric power including six factors: Index Per Share, Profitability, Cash Flow, Capital Structure, Operation Ability, Development Ability, and adopts evaluation method by entropy method to make an empirical analysis on the competitiveness with the 28 Chinese listed companies in electric power.