Research On Performance Evaluation Of Financial Investment In Financial Institutions Based On DEA

In recent years,the reform of higher education has been developing rapidly,from the "speech of Xi Jinping" to the launch of the national education conference,from the construction of "double first-class" to the implementation of provincial and ministry co-construction,from the reform of undergraduate education in the new era to the construction of teachers in the new era...The need for higher education,scientific knowledge and outstanding talents in the cause of the party and the country is more urgent than ever.However,finance and economics colleges and universities have an important driving force for local economic and social development and talent cultivation.Through the performance evaluation of financial input of finance and economics colleges and universities,it can promote finance and economics colleges and universities to better serve local economic and social development.Therefore,it is an important research topic to evaluate the performance of financial funds in financial institutions.Firstly,this paper is based on the background of the research on the performance evaluation of finance and economics colleges,analyzes its theoretical and practical significance,as well as the innovation and shortcomings of this paper by reviewing relevant literatures at home and abroad.Then,on the basis of performance management theory,externality and mixed product theory and principal-agent theory,this paper expounds the current situation of financial institutions in China from the perspectives of the current development status and financial investment status.Finally,this paper makes an empirical analysis on the financial investment performance of financial institutions in China,which is also the core of this paper.In this paper,data envelopment analysis(DEA)is used to evaluate the financial input of 25 financial institutions in China.First,through screening the basic indicators,the financial input,the number of full-time teachers and the total number of paper books are finally determined as the input indicators,the number of graduate students,the number of CSSCI publications and teaching achievements.Second,the comprehensive efficiency value,scale efficiency value and pure technical efficiency value of 25 schools were obtained by using DEAP2.1 software.Among them,there were 6 universities with valid DEA and 19 universities with invalid DEA,indicating that the overall efficiency of financial fund use of financial institutions remained to be improved.Then,the paper analyzes the input redundancy and output shortage of 25 universities,and takes DMU23 as an example to carry out the "projection" analysis of non-dea effective decision making units from the two perspectives of output dominant adjustment measures and input dominant adjustment measures.Thirdly,based on the empirical research above,this paper puts forward corresponding policy Suggestions for the problems existing in the financial investment of financial institutions in China,including improving the use efficiency of financial funds,implementing the fine talent training mode,optimizing the discipline layout structure and improving the level of scientific research.