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 oftheir 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.
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- DOI:10.5539/ijbm.v7n1p137
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