Research On Performance Evaluation Of Military Listed Companies Based On EVA - BSC

2015 is the crucial year of military reform, Xi Jinping put forward by the Chinese dream, dream a strong army, defense industry will once again be pushed to a new height.Among the defense industry, military industrial enterprises, one of the key components of its. For now, the original military industrial complex and not well adapted to the current complex environment, a range of policies to this end, China will gradually promote the integration of specialized military group for the defense industry and the stock market mutual promotion and coordinated development of military listed company.However, in the face of fierce competition in the securities market, military listed companies can adopt a rational and efficient performance evaluation method for improving their own competitiveness, and promote the development of military industry,as well as the smooth operation of China’s market economy plays significant impact.Military Performance Evaluation Method for listed companies to explore, not only conducive to the development of China’s national defense, but also equally good in promoting economic progress.Thus, this part we first elaborate on the theory of EVA, BSC and performance evaluation, then focus on performance evaluation of military listed companies, the selection of the "Top Ten Military Group" holding 73 to military products as the main business of the military listed companies as the research object, daring the EVA and BSC are combined to form EVA-BSC performance evaluation system, to study the 2014 performance conducted in-depth analysis and discussion, the following conclusions:EVA-BSC performance evaluation system for analysis of military performance of listed companies is effective when; can be right by statistical methods to calculate the weight of each factor, obtain a comprehensive performance evaluation scores; Chinese military listed companies both in securities, market-oriented characteristics, but also has a service of national defense, civil-military sharing the special nature of public goods, its overall operating performance with strong characteristics of the industry. This paper aims to EVA-BSC Performance Evaluation System to provide a reference for the military to improve the operating performance of listed companies.mainly for military listed companies profit income polarization, unevendistribution of operational capacity, lack of capacity of sustainable development, human capital is weak. Given the military listed companies both in securities, market-oriented features, but also has national defense service, universal access to the special nature of public goods, the paper distribution business to improve the military capability of listed companies, listed companies continue to optimize the development of military capabilities, strengthen the military listed companies human capital capacity point of view put forward suggestions to solve the problem, in order to improve the business performance of listed military provide a reference for.