Efficiency Of The Electric Power Listed Company's Equity Refinancing

Along with the fast development of the near 10-years stock market of our country, the equity financing provide the convenient direct financing outlet for the our country listed company, result in the equity refinancing huge scale,and whether the collecting funds gets the valid usage or not?This text aims at the efficiency of equity refinancing of the electric power listed company, adopt 37 equity refinancing the margin next year data, By using the method of data envelopment analysis(DEA),and carry on the analysis through a software of matlab, get a conclusion of near 50% efficiency of equity refinancing of the electric power listed company are valid.Aim at the usefulness evaluation data of, carried on the improvement to DMU, and to improvement result and original the data carried on the contrast analysis. Finally according to the article conclusion, put forward the related improvement suggestion.