经济增加值（eva）与传统财务指标的业绩评价实证（比较）分析——以我国钢铁行业上市公司为例

《经济增加值（eva）与传统财务指标的业绩评价实证（比较）分析——以我国钢铁行业上市公司为例》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、市场的具体情况提出了一些建议。虽然EvA作为衡量上市公司业绩的指标与传统指标相比具有一定的的优越性，但二者不可相互替代，应结合使用。由于中国的证券市场发展不够完善，实施和应用EVA业绩评价指标存在许多困难，所以如何让叭～指标在企业中灵活应用还需要进一步研究探讨。关键词：经济增加值，市场增加值，业绩评价，钢铁行业AbstractComparatiVeStudyOnEconomicVaIueAdded①VA)andTraditionalFinancialMeasurementofPerfIomanceEva

2、luation--ListedCompaniesofSteelTradeinChinaf．oranExampleABSTRACOperatingPerfb肌anceisoneofthemostimportantfactorsfortheexisIenCeanddevelopmen￡Ofmelis姥dcOmpani躐Ma】【ingscjentific，objectiVeandrightevaluati∞0foperatingpe向彻anCcofthe1isted＼．Companiesishelpfulto

3、improVeandincreasetheiranocationef．ficiencyofcapitals．A￡pfesent，￡radition越evaluation纽dexesexistsome丑a、码Focusingonthoseproblems，thispaperwillstudyanewperformanCeeVaJuationindicatorscalledEVA(EconomicValueAdded，HereafterreferstoasE'VrA)抽ordertoeValuatethei

4、rperf．ormancemoreaccurate王yandimprowtheiroperatingperf6nnance．BasedonthetheoryofEiV≯bthispaperdiVidesinto‘fiVepartsaltogether．ThefirstpartismainlyintroducedthepresentationofquestionsandthereseaI℃hbackground．IntheseCondpart，theconceptandhistoryofenterpris

5、esperfonnanceeValuationandEVAaredescribedf的mtheperspectiveofbothdomesticandforeign．’111ethirdpartmainlyintroducescalculationprincipleandaccountingadjustmentofE、，A．Inpartfour，thispaperattemptstoⅢAbstractselectthefinancialdatareVealedof31steeltradelistedco

6、mpaniesinChina行om2002to20056yearaussamples，andthenstudyonEVAandtraditionalfinancialmeasurementofpe渤manCeeValuationbyadoptingstatisticalmethod．Inthispart，theanalysisfbcusesonthreeaspects：(1)(论neralanalysis，alsol【IlownasdescriptiVestatisticalanalysis．(2)Co

7、llrelationanalysisofEVAandtraditionalfinancialmeasurementofped’omanceeValuation．(3)RegressionanalysisofEcV_Atraditionalfinancialmeasurementofperfo皿anceeValuationandM：VA．111eresultindicatesthatEVAissuperiort0traditionalfinancialmeasurementofperfbrmanceeVa

8、luationinmeasuringlistedcompanies，Value．UsingEVAtomeasuretheperfomanCeeValuationoflistedCompaniesisproVedtobefeasible．ItalsoprovidessomeproOfsforcanyingouttheE1VAPe渤rmanceMeasurementSysteminthelistedcompanies．Inthelastpart