Research On EVA-BSC Performance Evaluation System For Coal Enterprises

The coal industry affects economy a lot. With more and more coal companies listed on, if we want to increase the benefit of investing and let the hazard down and achieve long-standing development of companies, we should use a suitable evaluation of the performance in companies and guide the managers to make the right decisions. But the coal market economy falls down recently. Many coal enterprises are facing bankruptcy and coal economy continues to decline. It is also necessary for the coal enterprises to find a more suitable performance evaluation method to identify the defects of the enterprise development, in order to increase the level of companies’ economic development. If we combined EVA and BSC, put the financial indicators and non-financial indicators together, avoiding the enterprise for the production of the blind pursuit of maximum profit and help the company development planning strategy.First, this paper introduces the research background and significance. As the society developing, managers are constantly updating their management philosophy, and realize that the oldeconomic target as the center of the performance evaluation system had been unable to meet the needs of the e development of companies. Therefore, we should seek a new performance evaluation system in today’s society. Then we introduce some performance evaluation, EVA and BSC related theoretical. Again, due to the cachets of the coal companies, we indicate the necessity of a combination of the two ways. Although both methods are more advanced management concepts, they also have a lot of weak points. However, through the clever combination of the two can make up each other. So, we must put the two ways together. Then, we lead Jizhong Energy into the research, describing the performance evaluation system of the company now: financial and non-financial indicators. At the same time, the coal industry exists high risk.Mismanagement of manager are more likely to cause injury of workers. So this thesis combines with the characteristics of the coal industry itself, adding a safety production targets. We set up the EVA-BSC evaluation model. By then, we research Jizhong Energy data carry on AHP and fuzzy analysis, utter the final level of the enterprise and the lacking of company’s development. Finally, we show the suggestion to Jizhong Energy managers, These suggestions can impact the development of the company a long time. At the same time they can also help coal enterprises calmly face the challenges to achieve sustainable development.