Title :
Evaluation on Anti-Risk capability of electric power listed companies in China against the financial crisis
Author :
Jian Ke ; Chao Li
Author_Institution :
Sch. of Inf. Eng., Anhui Univ. of Finance & Econ., Bengbu, China
Abstract :
The financial crisis is an ongoing crisis triggered by a dramatic rise in mortgage delinquencies and foreclosures in the world now, with major adverse consequences for listed companies around the globe. Anti-risk capability has very important influence over the competitiveness in the long-term development vice versa. And electric power enterprises in China must enhance their competitiveness force to increase market share. This paper constructs competitiveness evaluation index system of the listed companies in electric power including six factors: index per share, profitability, cash flow, capital structure, operation ability, development ability, and adopts evaluation method by entropy method to make an empirical analysis on the competitiveness with the 28 Chinese listed companies in electric power.
Keywords :
electric power generation; power markets; profitability; China; anti-risk capability; capital structure; cash flow; development ability; electric power listed companies; evaluation index system; financial crisis; index per share; long term development; market share; operation ability; profitability; Chaos; Companies; Entropy; Environmental economics; Finance; Intelligent transportation systems; Power electronics; Power engineering and energy; Power generation economics; Power system economics; Competitiveness Evaluation; Electric Power; Entropy Method; Listed Companies;
Conference_Titel :
Power Electronics and Intelligent Transportation System (PEITS), 2009 2nd International Conference on
Conference_Location :
Shenzhen
Print_ISBN :
978-1-4244-4544-8
DOI :
10.1109/PEITS.2009.5406866