Comparing research on financial competitiveness of listed companies of culture industry in China

Abstract

This article constructs appraisal target system of financial competitiveness according to its connotation. It takes 18 listed companies of culture industry in A share market as sample, carrying on empirical study of financial competitiveness based on factor analytic method. The result indicates that the cultural product manufacturing companies' financial competitiveness is strongest, next is the periodicals publishing companies'. Financial competitiveness of show business is relative weak. Analysis of influence factor shows that factor of profit ability is the most important element to effect financial competitiveness of culture industry.