Enterprise Performance Evaluation Factor

Achievement appraisal is a key question in any economic system, and exists in each field, each respect of economic lives. With our country's accession to the WTO and constant promotion of market economy, the function of achievement appraisal appears obvious more and more, but problems appear too. As to the indexes of the enterprises' achievement appraisal, a lot of scholars have issued their own views in our country. None scientific, intact or effectual achievement appraisal system which includes either financial appraisal or non-financial appraisal has been set up before now. There are many problems in the selection, quantity, proportion and criterion of achievement appraisal (Du shengli,1999) The traditional indexes system of listed companies' achievement appraisal don't meet the needs of new economic environment. For example, it can not reveal the key reason for achievement improvement; it lacks the index of knowledge and intelligence capital; it pays no attention to the important function of non-financial factors (Zhang rui,2002). In the environment with keen competition, a lot of companies are carrying on the management innovation. The management innovation needs information about every aspect of enterprises, not only include the information of the financial affairs, management performance, still including the information of non-financial affairs, management course. It is already unable to meet this information's needs to appraise the system in traditional achievement. For example, a lot of companies are adopting the plan of total quality management (TQM ), and researchers of accounting management claim that effective TQM needs prompt, detailed course information in order to tell the defect and the information is unable to get from general accounting data (Wang yan,2003). As the contributor to the state-run capital, the government has not timely set up a system of listed companies' achievement appraisal for the state-owned enterprises to meet the needs of market economic system and modernenterprise system. It leads to the question that the true achievement is not held scientifically and normally in supervising practice. That achievement of enterprise is not appraised objectively and that operation of enterprise is not standard or permanent are conspicuous contradiction in the state-run economic management (Meng jianmin,2002).Through an analysis of existing document , we can find out that all kinds of deficiencies always exist in the existing achievement appraisal indexes , and to combine the financial indexes and non-financial indexes effectively is a common understanding of scholars . This text exactly proceeds from such a view, on the basis of summarizing forefathers' experience, and introduce to everybody of basic theories system appraising enterprise's business performance at first, then review gradual progress of achievement appraisal index, including the progresses of theory logic and history. Secondly ,this text introduce the application of the financial index and comprehensive financial index of foreign country and our country, and choose the representative financial index (EVA ) and comprehensive financial index (the balanced score card ) among them to describe in detail , to point out its advantage and deficiency. Finally, following from above-mentioned analysis, we can get the result that the trend of enterprise's achievement appraisal develops towards the direction of combination of financial indexes and non-financial indexes, to look for enterprise's value reason. Meanwhile, this text puts forward my own view and suggestion that how to construct and apply the enterprise's index system of achievement appraisal in the future.