Analyses on the Influencing Factors of Financing Efficiency of Wind Power Enterprises Based on DEA Model
Based on the background of"double carbon",Using the financial data of 31 wind power enter-prises,this paper studied the static and dynamic financing efficiency of wind power industry from 2015 to 2022 with the DEA-Malmquist model,and found that nearly half of the enterprises are still in the low efficiency range.Tobit model was used to conduct regression analysis on the influencing factors of financing efficiency,and it was found that asset turnover ratio and return on equity have a positive and significant effect,while asset-liability ratio has a negative effect.Therefore,in the process of daily production and operation,enterprises should focus on policy orientation,pay attention to their own asset structure and increase scientific research in-vestment to improve financing efficiency.
wind power enterprisesfinancing efficiencyDEAMalmquist indexTobit model