Title :
Notice of Retraction
The impact of trade scale, agency cost and ownership structure on China´s foreign-trade enterprises
Author :
Feng He ; Kai Wu
Author_Institution :
Sch. of Econ. & Manage., Univ. of Sci. & Technol., Beijing, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Based on the sample of International-trade listed corporations, this paper builds the SFA(Stochastic Frontier Analysis) model and makes an empirical analysis on the technical efficiency of China´s foreign trade enterprises. As is indicated in the result, the technical efficiency of China´s foreign trade enterprises is extremely low. Besides, ownership structure poses a positive impact on the efficiency, trade scale does a negative impact, and agency cost has nothing to do with the technical efficiency.
Keywords :
foreign exchange trading; international trade; stochastic processes; China; SFA model; agency costs; foreign trade enterprises; international trade listed corporations; ownership structure; stochastic frontier analysis; technical efficiency; Analytical models; Correlation; Economics; Finance; Helium; Mathematical model; Stochastic processes; Agency Cost; Ownership Structure; Trade Scale;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Dengleng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6009769
