Benefit Evaluation of Real Estate Industry Based on SBM Model

According to the situation of real estate industry in different provinces and cities, the benefit is different, and the benefit of real estate industry in some regions is low. Based on the statistical data of real estate industry in various regions, this paper selects nine indicators, such as the number of enterprises, the average number of employees, the land purchase area (10000 square meters) in this year, to evaluate and analyze the benefit of real estate industry in 31 regions of China by using two-stage super efficiency model. The results show that the input-output of the real estate industry in 17 regions is effective, and the remaining 14 regions are DEA ineffective. The reasons for the inefficiency of the input-output are analyzed, and some suggestions to improve the efficiency are given

Assessing the Efficiency of Mass Transit Systems in the United States

Frustrated with increased parking problems, unstable gasoline prices, and stifling traffic congestion, a growing number of metropolitan city dwellers consider utilizing the mass transit system. Reflecting this sentiment, a ridership of the mass transit system across the United States has been on the rise for the past several years. A growing demand for the mass transit system, however, necessitates the expansion of service offerings, the improvement of basic infrastructure/routes, and the additional employment of mass transit workers, including drivers and maintenance crews. Such a need requires the optimal allocation of financial and human resources to the mass transit system in times of shrinking budgets and government downsizing. Thus, the public transit authority is faced with the dilemma of “doing more with less.” That is to say, the public transit authority needs to develop a “lean” strategy which can maximize transit services with the minimum expenses. To help the public transit authority develop such a lean strategy, this report identifies the best-in-class practices in the U.S. transit service sector and proposes transit policy guidelines that can best exploit lean principles built upon best-in-class practices

Performance Evaluation of Property and Real Estate Companies Listed in Indonesia Stock Exchange Using Data Envelopment Analysis

This paper aims to evaluate performance of property and real estate companies listed in Indonesia Stock Exchange using Data Envelopment Analysis (DEA) method. Samples were 23 companies listed from 2009 to 2012.. However, only one company that consistently having technical efficiency equal 1. The main cause of inefficiency from 2009-2011 was scale inefficiency while inefficiency happened in 2012 was pure technical efficiency. Overall the companies operate efficiently under constant returns to scale is showing an increase from 17.39-39.1

Risk management and risk control for state-owned firms of China

As global economic integration deepens and enterprises scale up their business, the enterprise groups have become the mainstream of the company's development form. Subsidiaries of the Company have grown in size and increasingly diversified. Thus how does the parent Company control its subsidiaries effectively has become an urgent challenge, especially for the state-owned enterprises in China. This thesis studies the management and control of state-owned enterprises in China, carrying certain theoretical and practical significance. The research examined the theory and mechanism of management of SOEs, and evaluation on employee performance. It also analyzed performance evaluation, coordination and risk control strategies of SOEs' subsidiaries. The same studies were repeated on state-owned enterprise groups and extended to the strategies of risk management and risk control. The thesis first examined the conundrum of effective cooperation between subsidiaries of different departments and the parent company for efficient allocation of resources. To tackle this headache, the IAHP and DEA model were adopted to help group decision makers better measure the performance of employees and organizations. The thesis used the Balanced Scorecard (BSC) tool as the main principle and the combination of fuzzy mathematics and Delphi and entropy weight methods as the main methodology to assess the performance. In addition, a novel method of using multi-reasoning, multi-dimensional and dynamic factors was developed to assess the performance of SOE employees, and this method was proven to be effective. Moreover, the super-efficiency DEA model which takes into account work performance, work ability, work attitude, job potential and other factors in the evaluation on employee performance was developed and tested. Finally, risk map for SOEs was proposed and evaluated

Performance of Private Enterprises Under the Background of New Round of Expansion of State-Owned Enterprises

In this paper, we used the super-efficient DEA method to analyze the performance of Chinese private enterprises. Talked 100 best private enterprises from 2008 to 2012 in China as the representative, we analyze the performance of private enterprises. The results showed that the efficiency levels of the private enterprises had continuously improved from 2008 to 2012, but the overall efficiency level of the private enterprise was lower. There existed large different among the private companies, and nearly half of the efficiency values of the enterprises were at 0.7658 or less. Therefore, the state should pay more attention to the living environment of the private enterprises, the private enterprises should play its due the potential to promote the country’s sustainable development

Data envelopment analysis in financial services: a citations network analysis of banks, insurance companies and money market funds

Development and application of the data envelopment analysis (DEA) method, have been the subject of numerous reviews. In this paper, we consider the papers that apply DEA methods specifically to financial services, or which use financial services data to experiment with a newly introduced DEA model. We examine 620 papers published in journals indexed in the Web of Science database, from 1985 to April 2016. We analyse the sample applying citations network analysis. This paper investigates the DEA method and its applications in financial services. We analyse the diffusion of DEA in three sub-samples: (1) banking groups, (2) money market funds, and (3) insurance groups by identifying the main paths, that is, the main flows of the ideas underlying each area of research. This allows us to highlight the main approaches, models and efficiency types used in each research areas. No unique methodological preference emerges within these areas. Innovations in the DEA methodologies (network models, slacks based models, directional distance models and Nash bargaining game) clearly dominate recent research. For each subsample, we describe the geographical distribution of these studies, and provide some basic statistics related to the most active journals and scholars

The Efficiency and Performance Evaluation of Government-Linked Companies (GLCs) in Malaysia using Data Envelopment Analysis

Efficiency is a vital criterion in global competitive business and sustainable growth. Efficiency has always been reflected in company’s performance based on the existing input or resources available against the optimum output generated. A highly strong organizations capability will attract higher revenue and more investors to the company. The purpose of this study is to evaluate, compare and rank the overall efficiency based on annual report of companies in Malaysia stock market by using Data Envelopment Analysis (DEA). The analysis is carried out on 15 government-linked companies (GLCs) where cross-sectional data between periods of 2013 to 2017 were evaluated. Three efficiency input were considered including return on assets, return on equity and tobin’s q where the outcome or outputs were profitability. The results indicate the significance to the investors as the overall efficiency of the companies is ranked according to several years of reports using the DEA model. The implication of this research would benefit the organizations to perform better

Performance Evaluation for 59 Listed Electronic Corporations in Taiwan

Most previous studies concerning company performance evaluation focus merely on operational efficiency. Operational effectiveness, however, which might directly influence the survival of a company is usually ignored. As a result, this paper presents a study which uses an innovative two-stage data envelopment analysis (DEA) model that separates efficiency and effectiveness to evaluate the performance of 59 Listed corporations of the electronics industry in Taiwan. The empirical result of this paper is that a company with better efficiency doesn’t always mean that it has better effectiveness. There is no apparent correlation between these two indicators

Data envelopment analysis (DEA) and financial ratios : a pro-stakeholders’ view of performance measurement for sustainable value creation of the wind energy

Purpose: The purpose of the paper is to explore business performance in a rather sensitive sector that equally combines economic, environmental and social dimensions. The paper investigates the efficiency of wind farm companies, in a framework of pursuing more diverse stakeholders’ interests Design/Methodology/Approach: Ratios and DEA approaches are combined to measure economic efficiency among the DMUs of a sample of wind farms, using data from their financial statements. Findings: Productivity and effectiveness comprise the performance measured by the economic efficiency. We show that by choosing inputs and outputs that are closely related in forming an appropriate financial ratio, it helps to design and explain more fully the impact of a policy intervention aiming at improving economic efficiency. DEA supplements ratios to design, implement and assess a strategy of benchmarking towards bolstering performance, that favors a wider range of stakeholders. Originality/Value: The study provides an in-depth insight into using Data Envelopment Analysis and financial ratios to study economic efficiency. The approach combines economic, social and environmental dimensions (indirectly) of performance, and the composite ratio Return on Total Assets (ROTA). The analysis caters the specific features of the sector renewable energy and their diverse stakeholders.peer-reviewe

Analysis of efficiency and profitability of franchise services

The present study analyses the relative efficiency of franchise services and characterises the best companies, confirming the relationship between efficiency and profit. These companies are from the trade and other services sector , the main group of service-providing companies in the Spanish economy. The methodology calls for first comparing the relative efficiency of franchisers and ownership enterprises. Second, the focus turns to the most efficient franchise services, using a super-efficiency model to rank them. The paper then goes on to cover the analysis of the main characteristics of the best franchise enterprises, the number of own establishments in a franchise business and the profitability of the company. This paper presents arguments as to why companies from the trade and other services sector are included. The main conclusion is that, whilst the number of establishments is irrelevant in achieving greater efficiency, many of the most efficient enterprises have high returns.García Martin, CJ.; Medal Bartual, A.; Peris-Ortiz, M. (2014). Analysis of efficiency and profitability of franchise services. Service Industries Journal. 34(9):796-810. doi:10.1080/02642069.2014.905921S79681034