A Modification of Efficacy Coefficient Model for Enterprise Performance Evaluation
Xiaosong Zheng and
Additional contact information
Xiaosong Zheng: Shanghai University, China
Jaan Alver: Tallinn University of Technology, Estonia
Journal of Applied Management and Investments, 2015, vol. 4, issue 3, 177-187
Enterprise performance evaluation is a key research area in accounting and finance. Although there are a few methods available many of these are not suitable for China due to its unique political, economic and cultural situations. It is not appropriate for China to directly copy the foreign performance evaluation methods. Therefore, it is urgent for the country to develop a model which is suitable for its current situation and can efficiently evaluate enterprise performance especially for those State-Owned Enterprises. The paper first studies the main enterprise performance evaluation methods and their pros and cons. Then it focuses on the introduction of a comprehensive performance evaluation model which is based on the efficiency coefficient method. After that, a case study of China’s Sinopec is carried out to validate the model. Research findings are discussed and summarized at the end of the paper, together with an outline of future research directions.
Keywords: SOE; efficiency coefficient method; performance evaluation; Sinopec (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ods:journl:v:4:y:2015:i:3:p:177-187
Access Statistics for this article
Journal of Applied Management and Investments is currently edited by Anatoliy G. Goncharuk
More articles in Journal of Applied Management and Investments from Department of Business Administration and Corporate Security, International Humanitarian University Contact information at EDIRC.
Series data maintained by Anatoliy G. Goncharuk ().