Comparative analysis of equity financing efficiency between chinese and american new energy vehicle listed enterprises

Abstract

Under the dual pressure of global energy crisis and environmental problems, the exploration and application of new energy is an inevitable trend of economic development. Therefore, the development and research on equity financing efficiency of new energy vehicle listed companies appear to be of great value. From the perspective of equity financing efficiency, this paper explores the development status of new energy vehicle listed companies in the current era. Different from previous literature studies, we select China and the United States for comparative analysis and attempts to put forward strategic suggestions. Our paper adopts the DEA model, which is an equity financing efficiency evaluation model, to comprehensively evaluate the effectiveness of new energy listed enterprises, and then compares the equity financing efficiency of Chinese and American enterprises. Later, suggestions are provided on how to optimize the equity financing efficiency and development of new energy vehicle listed enterprises in China according to the found problems and conclusions.