The Research On Financing Efficiency Of The Cultural And Creative Enterprises On The NEEQ

With the rapid development of the changes times,economy and the continuous improvement of people's living standard,material life already can't satisfy people's needs.Everyone's consumption idea from material consumption has begun to cultural consumption to satisfy the demand of spirit.Some changes on the concept of people will also promote the development of cultural industries,and keep the healthy development of cultural industries is an innovative,collaborative innovation development.It becomes the main way of the future economic growth.Culture creative industry as a strategic industry,with low energy consumption,low cost,good economic benefits,in the transformation of the pattern of economic development and the optimization of industrial structure plays an important role.The development of cultural creative industry can not only promote the growth of national economy,can also improve people's quality of life.It is of great significance to the sustainable development of the economy.Under this big background,some small and medium culture creative enterprise obtained the swift and violent development,at present the country has not caused enough attention of cultural creative industry development,culture creative class enterprise scale is small,so the development is faced with many problems.In the aspect of enterprises access to capital,high cost of financing,financing efficiency is low the attention of scholars.Therefore,based on the financing efficiency as a starting point,the use of the platform,the NEEQ market in China in cultural creative industry,for example,a listing on the NEEQ of our country culture creativity study class enterprises' financing efficiency,and puts forward relevant Suggestions.This paper combed the financing efficiency of related theory and related concepts.Then NEEQ market overall development situation,the characteristics of the creative class financing needs and the present stage our country culture creative industry in the new three board listing financing of reality are analyzed.Finally in 2012-2015 as the sample interval,this article selects the NEEQ listed and had a substantial financing 32 culture creative class as sample listed companies and business but no substantial financing of the 45 enterprises as control group,select the eight financial indicators DEA model is established using the comparative analysis of research methods,comparative analysis on the efficiency of samples before and after the enterprisefinancing first look have significant changes,with a control group company and a sample of the financing efficiency were analyzed,finally,the cultural creative industry of DEA efficiency analysis.The results show that the creative class before and after the enterprise financing,including pure technical efficiency and scale efficiency,technical efficiency did not change obviously,concluded that cultural creative industry in the NEEQ market financing efficiency is relatively low;Had a financing behavior of samples of the technical efficiency of the enterprise,especially the pure technical efficiency to time a significantly lower than the financing of enterprises;New three board market culture creative class enterprise scale efficiency,at the same time,the vast majority of culture creative industry was still in the stage of scale increasing returns,there is still a great demand for funds.Part of the NEEQ culture creative class enterprise may have a certain blindness in the process of financing,and the lack of money into profit ability,the service efficiency of funds is low;Many of the NEEQ listed companies such cultural creative ability is weak,the growth of the instability of business.Finally based on combing the theoretical analysis and empirical results,this paper puts forward some policy suggestions.