Discussion On Performance Evaluation For Modern Corporation

Performance evaluation for corporation is an important problem in the fields of capital market and corporation management. With the change from industrial society to information society, the content and emphases of corporation operation and management have changed much. Therefore, conventional performance evaluation based on financial measures is difficult to meet the requirement of the development of society. In new economic environment, how to evaluation corporation performance deserves to be researched.The main content of the thesis includes: 1.reviews conventional performance evaluation methods and analyzes their unapplicability; 2.introduces newly-invented performance evaluation methods and ideas arising after 1950's and includes the directions of reformation and development of corporation performance evaluation; 3.presents the condition of corporation performance evaluation in our country and gives emphasis to present Performance Evaluation System for State-owned Capital; 4.structures initiatively a framework of general operation performance evaluation for public corporation in our country.A point of view of the thesis is to bring the idea of strategy communication of the balanced scorecard to the general operation performance evaluation for public corporation. On the basis of the idea of communication and direction, the thesis puts forward to evaluate the general operation performance from four aspects: corporation control and management, human resource, the core competence of the corporation, and financial performance. Besides, the thesis discusses the significance of opening the result of the evaluation.