{"id":"https://openalex.org/W3201038482","doi":"https://doi.org/10.1080/00036846.2021.1977772","title":"External profit pressure and operating efficiency: evidence from Chinese listed companies","display_name":"External profit pressure and operating efficiency: evidence from Chinese listed companies","publication_year":2021,"publication_date":"2021-09-20","ids":{"openalex":"https://openalex.org/W3201038482","doi":"https://doi.org/10.1080/00036846.2021.1977772","mag":"3201038482"},"language":"en","primary_location":{"id":"doi:10.1080/00036846.2021.1977772","doi":"https://doi.org/10.1080/00036846.2021.1977772","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2021.1977772","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5082621565","display_name":"Kuang-Cheng Chai","orcid":"https://orcid.org/0000-0002-3993-2468","observed_orcids":["https://orcid.org/0000-0002-3993-2468"]},"institutions":[{"id":"https://openalex.org/I5343935","display_name":"Guilin University of Electronic Technology","ror":"https://ror.org/05arjae42","country_code":"CN","type":"education","lineage":["https://openalex.org/I5343935"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Kuang-Cheng Chai","raw_affiliation_strings":["Business School, Guilin University of Electronic Technology, Guilin, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Business School, Guilin University of Electronic Technology, Guilin, China","institution_ids":["https://openalex.org/I5343935"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100397682","display_name":"Yang Yang","orcid":"https://orcid.org/0000-0002-8479-7963","observed_orcids":["https://orcid.org/0000-0002-8479-7963","https://orcid.org/0000-0002-3409-8080","https://orcid.org/0000-0002-3742-5008"]},"institutions":[{"id":"https://openalex.org/I5343935","display_name":"Guilin University of Electronic Technology","ror":"https://ror.org/05arjae42","country_code":"CN","type":"education","lineage":["https://openalex.org/I5343935"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yang Yang","raw_affiliation_strings":["Business School, Guilin University of Electronic Technology, Guilin, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Business School, Guilin University of Electronic Technology, Guilin, China","institution_ids":["https://openalex.org/I5343935"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5001361799","display_name":"Chin-Piao Yeh","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I207776796","display_name":"Overseas Chinese University","ror":"https://ror.org/01j9jq089","country_code":"TW","type":"education","lineage":["https://openalex.org/I207776796"]}],"countries":["TW"],"is_corresponding":true,"raw_author_name":"Chin-Piao Yeh","raw_affiliation_strings":["Overseas Chinese University, Taichung, Taiwan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Overseas Chinese University, Taichung, Taiwan","institution_ids":["https://openalex.org/I207776796"]}]},{"author_position":"last","author":{"id":null,"display_name":"Li-Mei Liang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I5343935","display_name":"Guilin University of Electronic Technology","ror":"https://ror.org/05arjae42","country_code":"CN","type":"education","lineage":["https://openalex.org/I5343935"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Li-Mei Liang","raw_affiliation_strings":["Business School, Guilin University of Electronic Technology, Guilin, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Business School, Guilin University of Electronic Technology, Guilin, China","institution_ids":["https://openalex.org/I5343935"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5001361799"],"corresponding_institution_ids":["https://openalex.org/I207776796"],"apc_list":null,"apc_paid":null,"fwci":3.3581,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.92391243,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"54","issue":"13","first_page":"1449","last_page":"1459"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.41280001401901245,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.41280001401901245,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.3499000072479248,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10357","display_name":"Efficiency Analysis Using DEA","score":0.10170000046491623,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/operational-efficiency","display_name":"operational efficiency","score":0.9879999756813049},{"id":"https://openalex.org/keywords/chinese-listed-companies","display_name":"Chinese listed companies","score":0.8240000009536743},{"id":"https://openalex.org/keywords/institutional-investors","display_name":"institutional investors","score":0.7540000081062317},{"id":"https://openalex.org/keywords/corporate-social-responsibility","display_name":"corporate social responsibility","score":0.9810000061988831},{"id":"https://openalex.org/keywords/technical-efficiency","display_name":"technical efficiency","score":0.6499999761581421},{"id":"https://openalex.org/keywords/pure-technical-efficiency","display_name":"pure technical efficiency","score":0.9620000123977661},{"id":"https://openalex.org/keywords/scale-efficiency","display_name":"scale efficiency","score":0.9980000257492065},{"id":"https://openalex.org/keywords/short-termism","display_name":"short-termism","score":0.6840000152587891},{"id":"https://openalex.org/keywords/data-envelopment-analysis","display_name":"data envelopment analysis","score":0.671999990940094}],"concepts":[{"id":"https://openalex.org/C22088475","wikidata":"https://www.wikidata.org/wiki/Q647974","display_name":"Data envelopment analysis","level":2,"score":0.674683153629303},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5992109775543213},{"id":"https://openalex.org/C170974965","wikidata":"https://www.wikidata.org/wiki/Q720862","display_name":"Earnings before interest and taxes","level":2,"score":0.5790350437164307},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.519122302532196},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.5027966499328613},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.4690283536911011},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4471384882926941},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.4288623631000519},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.39823365211486816},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3416063189506531},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.2282629907131195},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/00036846.2021.1977772","doi":"https://doi.org/10.1080/00036846.2021.1977772","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2021.1977772","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:applec:v:54:y:2022:i:13:p:1449-1459","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00036846.2021.1977772","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":54,"referenced_works":["https://openalex.org/W1506983033","https://openalex.org/W1707935632","https://openalex.org/W1779756909","https://openalex.org/W1982786442","https://openalex.org/W1991191202","https://openalex.org/W1992685111","https://openalex.org/W1993408507","https://openalex.org/W1996267828","https://openalex.org/W1997496974","https://openalex.org/W2018598843","https://openalex.org/W2056272233","https://openalex.org/W2065706705","https://openalex.org/W2067171170","https://openalex.org/W2069907989","https://openalex.org/W2086264602","https://openalex.org/W2100876305","https://openalex.org/W2103255129","https://openalex.org/W2116947996","https://openalex.org/W2119163415","https://openalex.org/W2128843785","https://openalex.org/W2129691115","https://openalex.org/W2195984408","https://openalex.org/W2246925741","https://openalex.org/W2308179696","https://openalex.org/W2313235634","https://openalex.org/W2462969313","https://openalex.org/W2477057629","https://openalex.org/W2491802982","https://openalex.org/W2747013205","https://openalex.org/W2753335427","https://openalex.org/W2755509118","https://openalex.org/W2785606188","https://openalex.org/W2792733929","https://openalex.org/W2839943861","https://openalex.org/W2883363096","https://openalex.org/W2886617955","https://openalex.org/W2911869107","https://openalex.org/W2912491326","https://openalex.org/W2917821172","https://openalex.org/W2943297246","https://openalex.org/W3121359457","https://openalex.org/W3121850914","https://openalex.org/W3122161811","https://openalex.org/W3122985187","https://openalex.org/W3123144636","https://openalex.org/W3123249515","https://openalex.org/W3123658139","https://openalex.org/W3124365414","https://openalex.org/W3124478565","https://openalex.org/W3124683565","https://openalex.org/W3125293673","https://openalex.org/W3125363757","https://openalex.org/W3125438718","https://openalex.org/W3134982085"],"related_works":["https://openalex.org/W2890714117","https://openalex.org/W3123332344","https://openalex.org/W2363273014","https://openalex.org/W2551503980","https://openalex.org/W2059831388","https://openalex.org/W2347640657","https://openalex.org/W2577731500","https://openalex.org/W4410418181","https://openalex.org/W2385668192","https://openalex.org/W2382604804"],"abstract_inverted_index":{"Compared":[0],"with":[1],"western":[2],"developed":[3],"countries,":[4],"the":[5,34,58,65,75,82,106,158,171,182,189],"maturity":[6],"and":[7,16,68,89,101,131,150,153,164,177,188],"effectiveness":[8],"of":[9,36,77,85,105,108,170],"China\u2019s":[10],"securities":[11],"market":[12],"are":[13,18,111],"relatively":[14],"low,":[15],"investors":[17],"more":[19],"likely":[20],"to":[21,32,48,64],"be":[22],"swayed":[23],"by":[24,113],"analysts\u2019":[25,39],"opinions.":[26],"Efficiency":[27],"is":[28,61,119],"an":[29,143],"important":[30,174],"indicator":[31],"measure":[33],"competitiveness":[35],"listed":[37,87,109],"companies,":[38],"earnings":[40],"pressure":[41,80,124,149,163,187],"can":[42],"not":[43,62],"only":[44],"make":[45],"management":[46],"inclined":[47],"short-term":[49],"investment":[50],"behaviour,":[51],"but":[52,133],"also":[53],"affect":[54],"stakeholders\u2019":[55],"views":[56],"on":[57,81,129,137],"company,":[59],"which":[60],"conducive":[63],"company\u2019s":[66],"efficiency":[67,84,95,99,103],"long-term":[69],"development.":[70],"Therefore,":[71],"this":[72],"study":[73],"examines":[74],"impact":[76,128,136],"external":[78,122,147,161,185],"profit":[79,123,148,162,186],"operating":[83,151,190],"Chinese":[86],"companies":[88,110],"its":[90],"internal":[91],"mechanism.":[92],"The":[93,139,168],"technical":[94,98],"(TE),":[96],"pure":[97],"(PTE)":[100],"scale":[102],"(SE)":[104],"samples":[107],"calculated":[112],"data":[114],"envelopment":[115],"method":[116],"(DEA),":[117],"it":[118],"found":[120],"that":[121],"has":[125,173],"a":[126,134],"negative":[127],"TE":[130],"PTE":[132],"positive":[135],"SE.":[138],"institutional":[140,165],"investor":[141],"plays":[142],"intermediary":[144],"role":[145],"between":[146,160,184],"efficiency,":[152],"corporate":[154],"social":[155],"responsibility":[156],"regulates":[157],"relationship":[159,183],"investors\u2019":[166],"shareholding.":[167],"conclusion":[169],"research":[172],"theoretical":[175],"value":[176],"practical":[178],"significance":[179],"in":[180],"clarifying":[181],"efficiency.":[191]},"counts_by_year":[{"year":2026,"cited_by_count":5},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3}],"updated_date":"2026-10-22T09:42:04.148104","created_date":"2021-09-27T00:00:00"}