The Evaluation of Financing Efficiency of China’s Stock Market

Table 1

Selection of the influence factors and indicators of the financing efficiency.

	Category	Influence factors	Indicators
Financing efficiency of enterprise	Cost	Financing cost	Equity value
		Financing risk	Asset-liability ratio
		The degree of freedom of the use of funds	Ownership concentration
	Income	The utilization rate of capital	The rate of return on common stockholders’ equity, earnings per share