The Study Of The EVA Performance Evaluation System In NO.A Military Reserch Institutes

In December 2009,the SASAC announced the latest revision of the heads of central enterprises operating performance appraisal Interim Measures for the first time,the economic value added indicators into the evaluation system.Economic Value Added,EVA,is developed based on the theory of surplus value theory of value management in the 1980 s by Stern-Stewart Co.,the register and promoter of the implementation in the United States,is favored by a number of large multinational companies.SASAC central enterprises appraisal system has always been referred to as " oriented baton of acts of state-owned enterprises".The revolution of the Performance Appraisal System of the country set off a craze of EVA management.The growth of the enterprise performance characteristics of the EVA is net of capital cost considerations,and data derived from accounting data from the adjustment.The EVA concept can run through out the corporate strategy,management,salary incentives and corporate culture,so that all decision-making criteria to unify.Due to the special nature of the Chinese market,Chinese enterprises application of EVA management to a greater understanding of the philosophy and approach,combined with the actual make the necessary improvements and innovations.Especially for military research institutes,how to adapt and make good use of the superior EVA appraisal system,there is an urgent need to address the problem.This paper,the theory and application of EVA as the main line,mainly studied the current situation and problems in the application of EVA management of central enterprises,especially military research institutes.Further on,it built a method based of financial management system,content and procedures on the EVA assessment.On this basis,the limitations of EVA application for the military research institutes and modified measures were discussed in the final part,in order to benefit military research institutes EVA management practices.