Research on the Evaluation of the Sustainable Development Level of the Chengdu-Chongqing Economic Circle

Wanying He (), Chenxi Ye () and Shiying Xu ()
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Wanying He: Chengdu University of Information Technology, School of Management
Chenxi Ye: Chengdu University of Information Technology, School of Management
Shiying Xu: Chengdu University of Information Technology, School of Management

A chapter in Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023), 2024, pp 568-581 from Springer

Abstract: Abstract With the development of China’s economy and the improvement of the level of agricultural production, the issue of sustainable development has received more and more attention. In this paper, we firstly screen the financial indicators of listed enterprises’ performance evaluation from four aspects of solvency, profitability, operating ability and development ability, and screen the non-financial indicators of listed enterprises’ performance evaluation from three aspects of innovation ability, environmental ability and social responsibility, and finally get the index system of listed enterprises’ performance evaluation under the sustainable development which contains 15 indicators. Then, the data of A-share listed companies in the Chengdu-Chongqing Twin Cities Economic Circle from 2015 to 2021 were screened through the GuotaiAn database as the research samples. The entropy weight method and comprehensive index combination method are chosen to evaluate the comprehensive performance of listed enterprises and evaluate the sample enterprises under financial and non-financial indexes respectively. The results show that the weights of the indicators of sustainable development level of listed companies in Chengdu-Chongqing area are greatly varied, among which the weights of the four indicators of operating ability, social responsibility, innovation ability and solvency are greater, indicating that the operating ability as the dominant driver of sustainable development of listed companies in the Chengdu-Chongqing area has a greater impact, and at the same time, indicating that the non-financial indicators have a greater impact on the evaluation of listed companies’ performance; in the composite index, the 12 municipalities of the city In the comprehensive index, the sustainable development level of 12 cities is steadily improving, and there are certain differences between cities, and the differences are increasing.

Keywords: sustainable development; corporate performance; entropy weight method; comprehensive index method (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-368-9_68

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