Economic Value Added (EVA)in WISCO In The Research On The Application Of Performance Assessment

With China’s sustained economic rapid development, the establishment of a modern enterprise system and perfect, enterprise management level has continued to rise, the competition between enterprises and fierce, many enterprises are trying to build their own core competitiveness, and the cultivation of the core competitive capacity of enterprises depends on enterprise efficient management system and system, the most important is the enterprise internal performance appraisal system. Performance evaluation is a science, it is also a kind of art, how to scientifically and reasonably to state-owned enterprise operators and managers, performance evaluation, to be in the development of the enterprise "baton" and "booster"? More and more international enterprise that the successful application of value management is a kind of new and effective enterprise management mode. The United States think special consulting company (Stern Stewart&Co.) asked in1982EVA (economic value added (EVA), is a useful value evaluation tools, EVA reflects the management all aspects of value, its core is the capital investment is a cost, enterprise’s profit only higher than all of its cost of capital (including the cost of equity and creditor’s rights cost) will create value for shareholders, namely economic value added (EVA) is a economic profit and non-traditional the concept of accounting profit. Its biggest advantage:to evaluate enterprise performance not only when off the debt capital cost, and deduct the equity capital cost, so as to reflect the enterprise to acquire these profits and the use of capital cost all; EVA is the real key to create wealth. In2003, the began to pay attention to and introduce the EVA performance evaluation indexes, since2010, economic value added (EVA) in the assessment of the directly under the full implementation of the169enterprises, remain marks the business performance assessment work into the value to a management as a Lord of the new stage.Based on remain as the research object, with EVA index as the main line, using the empirical analysis and theoretical analysis of the method of combining the main focus on the economic value added (EVA) in the evaluation of the of the state council belongs in the remain performance. This paper is divided into five chapters to introduce. The first chapter is the introduction, preliminary introduces EVA core philosophy, as well as the application of EVA in foreign countries, and at the same time, the paper research background and meaning. The second chapter, this chapter is first to economic value added (EVA) economics meaning for detailed discussion, deep comprehensive understanding of EVA, for the application of EVA in remain or empirical analysis, and then the calculation method of EVA, adjusting events is introduced, finally to EVA4M system are reviewed in this paper, in order to our economic value added (EVA) performance evaluation method is a more intuitive comprehensive understanding. The third chapter is our country the central enterprise EVA performance evaluation present condition analysis. This chapter firstly reviews the development course of remain performance evaluation, and the current performance Evaluation system of remain dialysis, points out that the traditional performance evaluation index such as profit from remain index to the problems and don’t give effective reflect and solved, so we urgently need to introduce a new performance evaluation system such as economic value added (EVA) performance evaluation method to the performance of remain reasonable standard and evaluation, the final analysis lists some reference EVA performance evaluation of remain. The fourth chapter is selected the Wuhan iron and steel group as the research analysis object based on EVA of the performance evaluation of the empirical analysis. Then introduces the evaluation of economic value added (EVA).