The Evaluation of Financing Efficiency of China’s Stock Market

Table 2

The correlation matrix of the input and output index.

	Equity value	Ownership concentration	Asset-liability ratio	The rate of return on common stockholders’ equity	Earnings per share
Equity value	1	0.916	0.887	0.613	0.6852
Ownership concentration	0.916	1	0.8795	0.757	0.716
Asset-liability ratio	0.887	0.8795	1	0.764	0.6827
The rate of return on common stockholders’ equity	0.613	0.757	0.764	1	0.7702
Earnings per share	0.6852	0.716	0.6827	0.7702	1