Factor Analysis-based Performance Evaluation of Listed Companes in Petroleum Industry of China

Liqin Chen, Li Liu, Xin Liao

Abstract


In this paper, authors select 13 listed companies in the petroleum industry, and make an empirical analysis of
their financial indexes in the year 2009 by SPSS, according to the factor analysis method in multivariate
statistical analysis. Authors further establish a model that reflects composite scores of companies based on
financial data, rank these companies according to their overall competitiveness, and analyze and evaluate their
business performances.

Full Text: PDF DOI: 10.5539/ijbm.v7n1p137

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.