EVA:A New Concept of Enterprises Performance Measurement
Yang Qing-shuang
Abstract
Yang Qing-shuang
Abstract
EVA is a method of measuring performance in western countries. The aim of EVA system is to make managers act like shareholders maintaining maximum shareholder value.This paper makes a review of the theoretical history of EVA,EVA calculation,sums up EVA system innovation and the problems of EVA from which many references can be drawn to our own performance measurement system.
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EVA is a method of measuring performance in western countries. The aim of EVA system is to make managers act like shareholders maintaining maximum shareholder value.This paper makes a review of the theoretical history of EVA,EVA calculation,sums up EVA system innovation and the problems of EVA from which many references can be drawn to our own performance measurement system.
Key concepts: Economic Value Added, Shareholder, Performance measurement, Business, Value (mathematics), Accounting, Computer science, Industrial organization