文章基本信息

标题：Analyzing the technical efficiency on the effects of foreign portfolio investment in the financing of small and medium-sized enterprises (SMEs) in Turkey
作者：Selman Duran ; Cemal Zehir
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2011
卷号：5
期号：21
页码：8567-8575
DOI：10.5897/AJBM11.1027
语种：English
出版社：Academic Journals
摘要：This paper investigates the contribution of foreign portfolio investment (FPI) to firms’ technical efficiency and total factor productivity by applying two empirical methodologies over a sample of firms. In the study, panel data is from 45 small businesses (small and medium-sized enterprises, SMEs) in Turkey were observed between 2006 and 2010 years. We will analyze the effects of foreign portfolio investment by using the data on businesses in the Istanbul Stock Exchange (ISE). To measure efficiencies of these units, data envelopment analysis (DEA) approach and Malmquist total factor productivity indexes (MTFP) are used.
关键词：Foreign portfolio investment; small and medium-sized enterprises (SMES) financial performance; data envelopment analysis (DAE); Malmquist total factor productivity indexes (MTFP)