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Research on Economic Performance of Mining Enterprises Based on Stakeholders

  • Yunxiang Peng ( School of Finance and Economics, Guangdong University of Science and Technology) ;
  • Guixian Tian ( School of Business, Pingxiang University)
  • Received : 2022.11.22
  • Accepted : 2023.02.16
  • Published : 2023.12.31

Abstract

Conventional mining enterprises, particularly coal-related ones, exhibit substantial environmental pollution and high energy consumption, while those involved in new energy resources, such as lithium and cobalt, face severe resource shortages. Consequently, the economic efficiency of China's mining enterprises is significantly constrained. This study examines data from nine representative listed enterprises in China spanning 2016 to 2021. Employing the DEA model-i.e., BCC (VRS) model, we analyze the economic efficiency of mining enterprises with a focus on stakeholders. The paper provides static and dynamic analyses, offering insights and recommendations for enhancing technology, reducing costs, and fortifying social relationships.

Keywords

Acknowledgement

This paper was funded by the Innovation and Strengthening School Quality Project in 2022 from Guangdong University of Science and Technology Project (No. GKY-2022CQTD-6, Research team on collaborative governance of urban agglomeration innovation network in Guangdong Hong Kong Aoda Bay Area).

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