Because of the principal-agent problem in modern enterprises,how to unify the owners and operators’ management objectives is the problem to be solved by the enterprise performance evaluation system.With the continuous development of capital market,more and more listed companies choose,at this time,the enterprise value of the value should be the goal of enterprise management,response to the shareholder level,is to maximize shareholder wealth.And the traditional financial indicators,because without considering the cost of their invested capital,at the same time have surplus management of the space,can not fully reflect the enterprise the management risk,etc.,so can not accurately reflect the status of the company create surplus value for shareholders.In such a background,the Economic Value Added(EVA)theory arises at the historic moment,the added value of economic means deducted from net operating profit after tax,corporate earnings only higher than its cost of capital can create value for shareholders.The theory of economic value added has solved the principal-agent problem well.In recent years,the theory of economic value added has been paid more and more attention.He is not only an indicator,but also a tool of value management.Considering the characteristics of EVA,commercial Banks to choose based on EVA performance evaluation system,both for improve their management efficiency of the market competition and active choice,also is the inevitable choice of market,has the historical inevitability.X bank,for example in this article,through quantitative analysis of the EVA of X bank economic performance evaluation,get X bank base EVA performance evaluation,including compared with the traditional index for the comparison of the enterprise value relevance,and compared with their own,the implementation of economic added value after the positive role of performance evaluation system,and puts forward Suggestions for the improvement of economic value added.At last,this paper discusses the limitations of the performance appraisal system of commercial Banks’ application of economic value added,and puts forward some Suggestions to improve the application of economic added value. |