Study of Efficiency of Agricultural Listed Companies Based on DEA Model

As leading enterprises supporting the agricultural development, agricultural listed companies play a great role, thus the study on their operating efficiency will have a strong demonstration effect. Using the data envelopment analysis (DEA) model, the operating efficiency of 20 agricultural listed companies was compared and analyzed. The results indicated that the overall efficiency of the agricultural listed companies is low. In agricultural listed companies with low or moderate overall efficiency, some agricultural companies are affected by the pure technical efficiency or scale efficiency, while other companies are affected by both factors, and accompanied with the increasing or decreasing efficiency along with the scale. Through in-depth analysis, it concluded that nine companies affected by pure technical efficiency have different degree of input redundancy or output deficiency. On this basis, it came up with pertinent recommendations for improvement.