The Empirical Study of EVA Evaluation Method in Domestic Securities Market
The article gives the meaning and adjusting and calculating method of EVA, selects the block of iron and steel industry in Shanghai Stock Exchange and Shenzhen Stock Exchange as the sample, obtain the EVA of listed company by 2006 annual report of chinas listed companies, and amends the MVA (market value added) of listed company on the basis of the securities market traits of china, then correlated comparison and regression analysis are made between EVA and MVA of listed company, the results show that EVA can explain stock price change of listed company very well.
Value Evaluation Stock Price Estimating Economic Value Added
YU Shuyan DAI Yagong
School of Management, Dalian jiaotong University, Dalian, Liaoning P.R.China
国际会议
2009 International SME Development Forum(2009 中小企业发展国际论坛)
北京
英文
372-376
2009-10-01（万方平台首次上网日期，不代表论文的发表时间）