Identification Research On Core Competence Of Listed Securities Companies In China

In this paper, the listed securities companies in China were taken as research objects. The theories about enterprise core competence and identification methods were analyzed, and then the identification of these listed companies'core competences was made. Beginning with the properties of securities industry, the paper put forward the basic conditions of core competence's existence and its form. On the basis, the thesis proposed two steps of identifying the core competence of securities companies: preliminary judging of core competence, identification of core competences. In the first step, the model of DEA was employed to select the ones with core competence from a large number of securities companies. In the second step, the combined method of TOPSIS and GRD was applied to identify the core competence of the selected companies, which have core competences. The result is of great sense in directing securities companies to cultivate and improve their core competence.