Operating Performance of Tourism Listed Companies in China
The Perspective of Economic Value Added
Bibliographic Data
| ID | 3330379 |
|---|---|
| Authors | Songtao Geng (Hainan University), Suyu Liu (0000-0003-4966-8047, United Nations Industrial Development Organization, corresponding author), Xuelin Liao (Hainan University) |
| Year | 2021 |
| Volume | 11 |
| Issue | 1 |
| Publication date | 2021-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | SAGE Open (JOURNAL) |
| Journal identifiers | ISSN: 2158-2440 • E-ISSN: 2158-2440 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/2158244020981064 |
| OpenAlex | W3118398048 |
| Language | EN |
| Citations received | 2 |
| References cited | 11 |
This article uses economic value added (EVA) to analyze the sustainability of performance of tourism listed companies from 2013 to 2015. The Malmquist index is used for the analysis of different operating performance across various types of tourism listed companies. It is found that the operating performance of tourism listed companies in China is not satisfactory, as merely less than half of them have a positive EVA. This study also finds that for different types of tourism listed companies, a variety of strategies for improvement should be adopted. For example, commercial companies should pay attention to the new customer needs, and scenic area companies need to increase investment in technology
Business · China · Economic Value Added · Economics · Geography · Tourism · Capital Investment and Risk Analysis · Financial Reporting and Valuation Research · Marketing
| Citations per year | 1 |
|---|---|
| Citation span | 2024 - 2024 (1) |
| Highly cited | No |