Evaluation Of Capital Operation Efficiency Of Inner Mongolia Energy Construction Investment Company

Capital operation is particularly important for companies to broaden their business scope,reduce transaction costs and enhance their core competitiveness.From 2015 to2017,Inner Mongolia energy construction investment company launched a large number of capital operation activities.But what is the efficiency of capital operation?It is necessary to make a summary of the evaluation.On the basis of the analysis of the organizational structure,content and characteristics of the company capital operation,the evaluation index system of capital operation input-output is constructed,and the DEAP2.1 software is used to calculate the Malmquist index of the company's capital operation efficiency according to the financial data of the company,and the capital operation efficiency of the company is empirically analyzed.The research shows: from the total factor productivity index,the overall capital operation efficiency of the company shows a steady rising trend in the fluctuation.From the analysis of the technology progress index,the technical strength and technical level of the company are gradually increasing in the whole research area;from the comprehensive technical efficiency index and the pure technical efficiency index,we can see that the company's overall capital operation efficiency is steadily increasing.The accuracy and management level of the company's management decision still needs to be improved.From the analysis of the change in the scale efficiency index,the company is in the stage of increasing returns to scale.On this basis,combined with the further qualitative analysis of the current situation of the company's capital operation and development,it is found that the capital operation activities carried out by the company have not paid much attention to the later capital operation project management,and more is to carry on the capital operation in order to realize the listing as the goal;the capital operation is mainly based on the mode of transmission;the capital operation region is relative to the capital operation.Limitations and so on.Finally,we propose to establish a scientific decision-making mechanism for capital operation and management,set up a professional team,make full use of the capital market to carry out capital operation activities,and continue to improve the internal management level of the company.Theconclusion is of some reference value for Inner Mongolia energy construction investment company to strengthen capital operation management and improve capital operation efficiency.