The technical efficiency of military industrial enterprises: A civil–military integration perspective
South African Journal of Business Management
| Field | Value | |
| Title | The technical efficiency of military industrial enterprises: A civil–military integration perspective | |
| Creator | Mingxing, Li Anaba, Oswin A. Zhiqiang, Ma Guan, Keyi Zhang, Mengjuan Xiaonan, Liu Hongzheng, Sun | |
| Description | Background: This article takes a look at the technical efficiency of 53 A-share listed companies of Chinese military industrial enterprises in the ‘10 Major Military-industrial Groups’ based on the random Frontier B95 model and the panel data of listed companies from 2010 to 2015.Objectives: The research put forward five influencing factors, namely ownership structure, asset turnover, enterprise size, staff education and regional differences.Method: The article proposed five hypotheses to measure the technical efficiency of the military and civilian enterprises.Results: The results showed a gradual increase in the technical efficiency of sampled military industrial enterprises, even though the overall results were low with a decreasing scale income. There was a positive correlation between ownership concentration and the technical efficiency of military industrial enterprises, but not significant. However, the proportion of state-owned large shareholders and the technical efficiency of military industrial enterprises had a negative correlation and were not significant. Asset turnover ratio, firm size, employee education level and regional differences correlated positively with the technical efficiency of military industrial enterprises, and their influence was seen to be very important.Conclusion: The conclusion of the study provides an empirical basis for further studies enhancing the technical efficiency of military industrial enterprises in China. | |
| Publisher | AOSIS | |
| Date | 2019-11-14 | |
| Identifier | 10.4102/sajbm.v50i1.1322 | |
| Source | South African Journal of Business Management; Vol 50, No 1 (2019); 9 pages 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/1322/1441
https://sajbm.org/index.php/sajbm/article/view/1322/1440
https://sajbm.org/index.php/sajbm/article/view/1322/1442
https://sajbm.org/index.php/sajbm/article/view/1322/1439
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