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Study on the Financing Efficiency of SMEs under the Epidemic Situation of COVID-19 Based on DEA-Malmquist Model

Authors:

Lei ShenAuthors Info & Claims

ICMSS 2021: Proceedings of the 5th International Conference on Management Engineering, Software Engineering and Service Sciences

Pages 143 - 147

https://doi.org/10.1145/3459012.3459035

Published: 24 July 2021 Publication History

Abstract

Small and Medium-sized Enterprises (SMEs) play significant roles in the development of the Chinese Economy Nowadays. However, SMEs still face many financing difficulties. Moreover, the explosion of the COVID-19 epidemic makes their living environment worse. Based on this, firstly, we collect the panel data from the first half of 2018 to the first half of 2020 of 1531 SMEs; Second, use the DEA-Malmquist model to calculate the financing efficiency of those SMEs; Then, analyze the influence of the COVID-19 epidemic situation on the finance for SMEs according to various industries. It can be revealed that the financing efficiency of SMEs tends to down on the whole. Among them, the financing efficiency of the industries like wholesale-retail trade, the manufacturing industry declined the most. From the perspective of the internal construction of the financing efficiency, the scale efficiency tends to be stable, which shows the good effect of the policy of supporting the loan; The decrease in the pure technical efficiency is the main reason behind the decrease in the financing efficiency. Finally, this paper puts forward suggestions to enhance the financing of SMEs considering the influence of the COVID-19 epidemic situation.

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Cited By

Dai X(2023)Analysis of E-commerce Development of Tiktok-Before and After the EpidemicProceedings of the 2023 2nd International Conference on Social Sciences and Humanities and Arts (SSHA 2023)10.2991/978-2-38476-062-6_135(1047-1052)Online publication date: 30-Jun-2023
https://doi.org/10.2991/978-2-38476-062-6_135
He MPérez Estébanez R(2023)Exploring the impact of R&D intensity, human capital, patents, and brand value on business performance in small and medium enterprises (SMEs)Economic Research-Ekonomska Istraživanja10.1080/1331677X.2023.218183936:1Online publication date: 9-Mar-2023
https://doi.org/10.1080/1331677X.2023.2181839

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ICMSS 2021: Proceedings of the 5th International Conference on Management Engineering, Software Engineering and Service Sciences

January 2021

180 pages

ISBN:9781450389709

DOI:10.1145/3459012

Copyright © 2021 ACM.

Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Publication History

Published: 24 July 2021

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ICMSS 2021: 2021 the 5the International Conference on Management Engineering, Software Engineering and Service Sciences

January 8 - 10, 2021

Chengdu, China

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Cited By

Dai X(2023)Analysis of E-commerce Development of Tiktok-Before and After the EpidemicProceedings of the 2023 2nd International Conference on Social Sciences and Humanities and Arts (SSHA 2023)10.2991/978-2-38476-062-6_135(1047-1052)Online publication date: 30-Jun-2023
https://doi.org/10.2991/978-2-38476-062-6_135
He MPérez Estébanez R(2023)Exploring the impact of R&D intensity, human capital, patents, and brand value on business performance in small and medium enterprises (SMEs)Economic Research-Ekonomska Istraživanja10.1080/1331677X.2023.218183936:1Online publication date: 9-Mar-2023
https://doi.org/10.1080/1331677X.2023.2181839

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