2011•Journal of Jiyuan Vocational and Technical CollegeRequires access

Discussion on the Advantages and Disaddvantages of Economic Value Added(EVA)

Ren Zhong-yu

Abstract

Economic Value Added(EVA) System,as a new measure of performance of the company,eliminats defects in the traditional performance evaluation system.EVA is one of the today's hottest topics in the economic theorists.From the EVA system features and functions,the article analyzes the EVA system,the ways and advantages to create wealth for the company.Meanwhile,it also makes an objective analysis of the economic value added(EVA) system deficiencies and gives recommendations for improvement.

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Key concepts: Economic Value Added, Value (mathematics), Business, Risk analysis (engineering), Computer science, Economics, Microeconomics, Profit (economics)