COMPARATIVE STUDY OF THE FINANCIAL COMPETITIVENESS OF LISTED CULTURAL COMPANIES IN CHINA
This paper built financial competitiveness evaluation index system based on financial competitiveness. It used factor analysis to analyze financial competitiveness of 18 listed cultural companies in China. Results showed that the most competitive companies were cultural products manufacturing companies, followed by newspaper publishing companies, movies and other cultural products manufactures. Through an analysis of the impact factor, this paper pointed out that for listed culture companies, profitability was the most important factor which affected the competitiveness of financial, stability factors had greater impact, while asset management and operation ability factors had little effect.
KEY WORDS: Listed Cultural Company; Financial Competitiveness; Factor Analysis