基于DEA和SFA方法的我国信托投资公司效率研究金融学专业论文.docxVIP

哈尔滨工业大学经济学硕士学位论文 哈尔滨工业大学经济学硕士学位论文 - - II - Abstract Trust and Investment Corporation have a unique effect on consummate capital market, abatement the contradiction of supply and demand, optimize resource configure. Presently, the researches of trust industry focus on the institutional reform, development pattern, product innovation, but very little on the measurement of input-output efficiency and nonstandard profit efficiency of trust companies. Consequently，The paper adopt the mature methods for the financial institution to study on the efficiency of trust companies, and to find the primary matters, furthermore to table a proposal for enhancing the efficiency of trust companies. The paper compares the advantage and disadvantage of two kinds of approaches of measuring efficiency on the basis of conclusion of foreign and domestic research documents. And we see the actual conditions that the trust companies of our country at present while realizing profits to maximize the goal, has strong ability in controlling the cost, so the paper choose the DEA input-orientated models of non-parameter data method to computer trust companies’ input-output efficiency, and SFA translog profit function to measure the nonstandard profit efficiency. Then we ascertain the variables base on the characteristic of trust industry. This text has utilized DEA and SFA method to carry on the measurement of input-output efficiency and nonstandard profit efficiency of trust companies selected from 2004 to 2006.Based on calculating the efficiency of sample companies the paper longitudinally analyze the changes of our country trust companies’ efficiency，and find the average level of trust companies’ of our country is on the rise, but has variance. Results indicate that the nonstandard profit efficiency of trust companies decline year after year and it has very large ascending range. It has very large gap between the high and the low efficiency companies. Therefore, the paper analysis the change of