TITLE:
Research on Green Fund Efficiency Evaluation
AUTHORS:
Zeqia Tang, Min Chen
KEYWORDS:
Green Fund, DEA Model, Factor Analysis
JOURNAL NAME:
Open Journal of Business and Management,
Vol.8 No.4,
July
27,
2020
ABSTRACT: As an important part of the green financial system, green funds have been
in a growing development trend in recent years. In this paper, the DEA model
and factor analysis method are used to conduct an empirical analysis of the
selected 65 green funds. The comparison of efficiency shows that the efficiency
of China’s green funds has been in a high-efficiency area in recent years, but
only some of the funds have reached the optimal state of DEA, and the
multi-selected funds are specifically analyzed according to the comprehensive
score ranking. Existing markets and institutions also need to uphold the
concept of green development and adjust fund size, to promote technological innovation, and better achieve scale effect.