基于DEA方法的我国上市文化企业融资效率评价研究

摘要

The national government attaches great importance to the development of cultural industries; various financial support for cultural industry development policies were introduced, various funds have flocked to the cultural industry;cultural industry finan-cing efficiency evaluation has become an important issue of industrial development. In this paper, based on the output of BBC and CCR model, the DEA model is used to measure the financing efficiency of China A-share market listed cultural enterprises during 2010—2013. The results show that:the overall level of financing efficiency of cultural enterprises is not high;there is still a very large room of improvement for financing efficiency; seen from longitudinal comparison, listed cultural enterprises financing efficiency has not changed, and there is no obvious trend that the financing efficiency is increased obviously.%在国家对文化产业发展的高度重视下，各种金融支持文化产业发展的政策相继出台，各路资金纷纷涌向文化产业，文化产业融资效率的评价成为产业发展的一个重要问题。基于产出的BBC与CCR模型，运用DEA方法测算了2011—2014年期间中国A股市场上市文化企业的融资效率，结果表明：我国文化企业的融资效率整体水平不高，融资效率还存在着非常大的改善空间，纵向对比来看，上市文化企业的融资效率变化不大，融资效率没有明显提高的趋势。