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Nangang's Performance Evaluation Based On Economic Value Added

Posted on:2017-07-03Degree:MasterType:Thesis
Country:ChinaCandidate:X K LiuFull Text:PDF
GTID:2359330509463862Subject:management
Abstract/Summary:PDF Full Text Request
In view of maximizing shareholders' equity to gradually dominate the business objectives, the traditional financial indicators do not reflect the true interests of equity and other reasons, how to scientifically increase the economic value of effective performance evaluation method used in evaluation of enterprise performance management practice formed system, the need for further deep discussion, in order to optimize the value creation capabilities of new initiatives. To this end, the paper on how to build economic value added performance evaluation system and how to enhance the value of a study.Sort through a lot of literature to read, I found that due to the increase in the value of China's economic performance evaluation method of a late start, the domestic scholars study the overall economic value added theory exhibits focused on normative, empirical research, too little attention to the actual application case. This case, differences in economic value added performance evaluation system with the traditional performance evaluation system analysis and appraisal. After studying the case of a company, I draw the following conclusions: one case against the company, the traditional performance evaluation system does not truly reflect the business situation, the need to introduce economic value added indicators; the other hand, in case the company introduced the Economic Value Added indicators as performance evaluation at the same time, should be idealized return on total assets, total asset turnover ratio and other indicators as the evaluation and pursuit of daily work to help companies idealized economic value Added. Paper presents some suggestions for similar cases enterprises have universal applicability, by Nanganggufen of the data analysis and recommendations designed to help enterprises to better enhance value creation, but also for other companies in the construction industry based on economic growth performance evaluation system to provide a reference value.
Keywords/Search Tags:EVA, Enterprise value creation, Capital cost rate, Net profit
PDF Full Text Request
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