capital efficiency
1.Third, this paper applies Jeffrey Wurgler capital allocation thought and panal data model to economrtric the whole capital allocation efficiency, foreign capital allocation efficiency, and domestic capital allocation efficiency in our country’s manufacturing industry,and meanwhile makes the empirical study on the short-term effect and long-term effect of the manufacturing industry’s whole capital allocation efficiency, foreign capital allocation efficiency, and domestic capital allocation efficiency in our country.
2.In this paper, we make use of method of Data Envelopment Analysis (DEA) to observe the capital market output efficiency in China, then estimate the production function using two stages DEA-regression method, and this function responds to the definition of economics.
3.Josh of Harvard Business School discovers that compares with patent brought by R&D of 1 dollar, there are 3-5 times more patents that the venture capital of 1 dollar brings, efficiency of the venture capital is obviously higher than other capital.
4.For improving the utilization efficiency of the daily accumulated capital, a static model has been programmed for rational allocation of the capital and for prediction of the efficiency and effectiveness of the capital utilization of the financial company of a corporation.
5.Due to the increasing monetization, capital plays a vital role in developing regions, so resource allocation focus on to capital allocation. Capital allocation central on the coordination of conflict between equity and efficiency.
6.Secondly, financial development of China has promoted economic growth only through capital accumulation, but not through improving the efficiency of economic growth. The second conclusion is consistent with results of Rioja and Valev (2004).
7.The benefit analysis of Corporate Diversification gives birth to a new research field of Internal Capital Market (ICM), but as to the efficiency of diversification, most empirical studies show that investments of diversification are low efficient or non-efficient, which provides a direct basis for the reconstruction of the ICM theory.
8.From the angle of ownership theory of enterprises, I point out that enterprise is special contract of manpower capital and object capital and analysis the determinative factors of quantity and and efficiency of employee holding company, which establish the foundation of study of ESOP.
9.Over the past years, the Registry has built up a healthy level of financial reserves which will help finance its expenditure on capital projects in order to improve the quality and efficiency of its services.
