摘要
针对国有经济成分是否低效率的争议,以电力行业上市公司为样本,以经济增加值(EVA)作为效率指标考察了同一行业中国有股权比重的大小与创造价值能力的关系。结果表明:价值创造能力低下是电力行业的共性,以此衡量的效率高低与其股权是否国有并无直接关系,而公司的资本运营能力与主营业务关注度却是效率改善的关键。
Aiming at the controversy whether the efficiency of the state - owned sector is low, and with the listed power companies as the sample and the economic value addition as the efficiency indicator, we have investigated the relation- ship between the magnitude of the proportion of the state - owned stock right and value creating capacity in the same in- dustry. The results suggest that the low value creating capacity is common in the power industry. There is no direct rela- tion between the magnitude of the efficiency measured with the value - creating ability method and the fact whether the stock right is state -owned, but the corporate capital operating capacity and attention given to the main operations form the key to boosting the efficiency instead.
出处
《西安交通大学学报（社会科学版）》
CSSCI
北大核心
2014年第1期29-34,91,共7页
Journal of Xi'an Jiaotong University：Social Sciences
基金
国家社科基金重点项目(11AZD001)
关键词
国有经济
经济增加值
股权
效率
价值创造
state - owned economy
economic added value
stock right
efficiency
value - creating
