基于SFA的鋼鐵行業(yè)上市公司成本效率研究
本文選題:鋼鐵行業(yè) + 成本效率; 參考:《上海師范大學(xué)》2014年碩士論文
【摘要】:鋼鐵行業(yè)是我國(guó)國(guó)民經(jīng)濟(jì)的重要支柱產(chǎn)業(yè),在我國(guó)的經(jīng)濟(jì)建設(shè)和社會(huì)安定發(fā)展中發(fā)揮了不可替代的作用。但長(zhǎng)期以來(lái)我國(guó)鋼鐵行業(yè)一直存在著產(chǎn)能過(guò)剩、產(chǎn)品競(jìng)爭(zhēng)力弱的問(wèn)題。為此本文特從效率的角度來(lái)對(duì)我國(guó)鋼鐵行業(yè)進(jìn)行考察分析。鋼鐵行業(yè)上市公司作為行業(yè)的主力軍,可集中體現(xiàn)一個(gè)國(guó)家鋼鐵行業(yè)的實(shí)力和發(fā)展水平;诖,本文分析了2007-2012年我國(guó)鋼鐵行業(yè)上市公司的成本效率變化情況。 本文在分析我國(guó)鋼鐵行業(yè)經(jīng)營(yíng)發(fā)展的實(shí)際情況的基礎(chǔ)上,結(jié)合國(guó)內(nèi)外相關(guān)研究成果,介紹了成本效率基本涵義及研究的重要性,并采用隨機(jī)前沿分析方法(SFA)計(jì)算出2007-2012年間我國(guó)25家鋼鐵行業(yè)上市公司的成本非效率值,實(shí)證過(guò)程中,選取了反映上市公司經(jīng)營(yíng)策略和管理水平的6個(gè)指標(biāo),通過(guò)BC(1995)模型分析了影響我國(guó)鋼鐵行業(yè)上市公司成本效率的因素。最后,對(duì)全文的研究結(jié)果進(jìn)行了總結(jié),并對(duì)我國(guó)鋼鐵行業(yè)的發(fā)展提出了一些建議。 實(shí)證研究結(jié)果顯示,我國(guó)鋼鐵行業(yè)上市公司的成本效率水平較低,資源配置不合理和利用程度不高情況嚴(yán)重,成本效率尚有很大改善空間;我國(guó)鋼鐵行業(yè)區(qū)域發(fā)展不平衡,成本效率存在區(qū)域差異,中西部地區(qū)明顯落后;影響因素指標(biāo)中,除了總資產(chǎn)周轉(zhuǎn)率與成本效率正相關(guān),其余5個(gè)指標(biāo)均與成本效率負(fù)相關(guān)。基于實(shí)證分析研究,本文認(rèn)為可從以下五個(gè)方面著手改善我國(guó)鋼鐵行業(yè)的成本效率:加強(qiáng)對(duì)成本效率問(wèn)題的重視程度;加大科研投入力度,提升技術(shù)創(chuàng)新能力;加快市場(chǎng)化改革,,減少行政干預(yù);加快產(chǎn)業(yè)結(jié)構(gòu)調(diào)整;加強(qiáng)與上下游行業(yè)的合作。
[Abstract]:Iron and steel industry is an important pillar industry of our national economy, which plays an irreplaceable role in the economic construction and social stability and development of our country. However, China's iron and steel industry has long been overcapacity, weak product competitiveness. Therefore, this paper makes an investigation and analysis of China's iron and steel industry from the point of view of efficiency. As the main force of iron and steel industry, listed companies in iron and steel industry can embody the strength and development level of a country's steel industry. Based on this, this paper analyzes the change of cost efficiency of listed companies in China's iron and steel industry from 2007 to 2012. Based on the analysis of the actual situation of the iron and steel industry management and development in China, this paper introduces the basic meaning of cost efficiency and the importance of the research, combined with the related research results at home and abroad. Using the stochastic frontier analysis (SFA) method to calculate the cost inefficiency of 25 listed companies in iron and steel industry in China from 2007 to 2012. In the empirical process, 6 indexes are selected to reflect the management strategy and management level of the listed companies. Based on BC (1995) model, the factors influencing the cost efficiency of listed companies in China's steel industry are analyzed. Finally, the research results of this paper are summarized, and some suggestions for the development of China's steel industry are put forward. The empirical results show that the cost efficiency of listed companies in China's iron and steel industry is low, the allocation of resources is unreasonable and the degree of utilization is not high, the cost efficiency still has great room for improvement, and the regional development of steel industry in China is not balanced. There are regional differences in cost efficiency and obvious backwardness in the central and western regions, except for the positive correlation between total assets turnover rate and cost efficiency, the other five indicators are negatively correlated with cost efficiency. Based on the empirical analysis, this paper suggests that the cost efficiency of China's steel industry can be improved from the following five aspects: strengthening the emphasis on cost efficiency, increasing scientific research input and enhancing technological innovation ability; Accelerate market reform, reduce administrative intervention, accelerate industrial structure adjustment, and strengthen cooperation with upstream and downstream industries.
【學(xué)位授予單位】:上海師范大學(xué)
【學(xué)位級(jí)別】:碩士
【學(xué)位授予年份】:2014
【分類(lèi)號(hào)】:F406.7;F426.31
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