Study on Application of EVA in Performance Evaluation of Private Listed Companies
With the rapid development of Chinas private economy, performance evaluation of private listed companies have been closely-watched, so its important that the choice of evaluation criteria related to the economic interests of many stakeholders. We think the economic value added (EVA) is a new method for evaluation of corporate performance through literature review. Then according to importance principle, we detail the process of EVAs calculation. Finally, we use private companies listed on Shanghai and Shenzhen as a sample, and find that EVA evaluation index associate with the business performance is better than the traditional financial index through empirical methods of research, because it is better to reflect the true value of corporate creativity.
EVAprivate listed companies performance evaluation
XIN Jinguo HONG Bo
School of Economy and Trade, Hangzhou Dianzi University, P.R.China, 310018
国际会议
威海
英文
130-135
2010-07-24（万方平台首次上网日期，不代表论文的发表时间）