The Application and Analysis of the EVA Method of Corporate Performance Measurement
As society and the economy continue to develop, more and more people begin to realize the importance of accurate and cogent measurement of corporate performance. The fundamental difference between the EVA performance measurement method and the traditional net profit index is that when evaluating corporate performance, it is not enough to consider the cost of debt; the cost of capital that stockholders have invested in should also be taken into account. It is only when the profit that a company creates exceeds all its costs, that real value is being created. Focusing on the research of the EVA calculating model of Chinas listed companies, this paper, through specifically analyzing the EVA method, enables managers to view a company in a new light. It also provides investors with references of the past and present value that is created by a company.
Economic Value Added Cost of equity capital Performance measurement
LI Mengyu
School of Economic Management, Beijing Institute of Petrochemical Technology, Beijing, P.R.China 102617
国际会议
The 5th International Conference on Product Innovation Management(第五届产品创新管理国际会议 ICPIM 2010)
武汉
英文
607-611
2010-07-10（万方平台首次上网日期，不代表论文的发表时间）