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Research and analysis on the value-added efficiency of listed port companies in China

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DOI: 10.23977/ieim.2023.061015 | Downloads: 8 | Views: 234

Author(s)

Xinyue Du 1, Yawei Zhang 2

Affiliation(s)

1 School of Software and Microelectrionics, Peking University, Beijing, 100871, China
2 College of Economics, China-ASEAN Institute of Financial Cooperation, Guangxi University, Nanning, 530004, China

Corresponding Author

Xinyue Du

ABSTRACT

In order to solve the problem of value-added inefficiency of Chinese port listed companies, this paper aims to investigate whether port integration and strengthening port infrastructure can be a solution to the problem of value-added inefficiency of listed port companies, then put forward some suggestions. This study uses data of Chinese listed port companies, then uses DEA analysis and Tobit regression to investigate the role of state-owned equity in listed port companies played by port integration on the value-added efficiency. The results show that listed port companies with port integration have higher value-added efficiency; the richer the port infrastructure, the higher the value-added efficiency; and the higher the proportion of state-owned shares held, the more effective the impact of port integration on the value-added efficiency of listed port companies.

KEYWORDS

Port integration, Proportion of state-owned shareholding, Infrastructure, Value-added efficiency

CITE THIS PAPER

Xinyue Du, Yawei Zhang, Research and analysis on the value-added efficiency of listed port companies in China. Industrial Engineering and Innovation Management (2023) Vol. 6: 114-123. DOI: http://dx.doi.org/10.23977/ieim.2023.061015.

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