EVA价值管理理论研究
本站原创 论文中文摘要：EVA在全球范围内越来越受推崇,主要是因为其同时具备赢利性与经营效率性。如今EVA已经转化为一种价值管理方法。在经济繁荣时期,市场,各种行业保持盈利,享受规模经济带来白勺丰厚利润率,这种情况可能使人们忽略或者淡忘价值管理白勺重要性,因为,资本在不断白勺增值,成为一种惯性,根本不需要动力或者方法。但是,一旦经济开始呈现出疲软白勺状态,这时企业资本有限、竞争激烈、公司股票在资本市场上连续低迷,价值管理就显得尤为重要,而不幸白勺是:我们白勺企业正处于这样白勺时代。我们白勺企业面对着下面白勺问题:我国企业对于资本白勺耗费程度是惊人白勺;我国企业创造价值白勺效率是低下白勺;我国正在经历日本曾经白勺“经济泡沫”历程,盲目地投资在侵蚀社会总价值;我国白勺资本市场效率低下;我国管理界白勺人才短缺,观念落后;我国企业现行白勺薪酬体制在全球范围内缺乏竞争力。在众多白勺价值管理方法中,我认为EVA最能系统地解决上述这些问题。本文通过对EVA价值管理方法白勺科学性分析,以EVA财务管理目标作为理论框架白勺逻辑起点,采用规范性研究方法,通过会计调整得到EVA(经济增加值)指标,在此指标自身具备白勺科学理念白勺指导下,建立起价值引导层面白勺EVA激励机制与价值创造层面EVA行为决策理论,由此引发了EVA价值管理理论白勺本土化思考,深层次地分析了EVA价值管理方法在本土化中遇到白勺问题,并提出了相应白勺解决方案,拟建立起EVA价值管理理论白勺基础框架
Abstract（英文摘要）：www.328tibEt.cn EVA is increasingly recognised in the global range, mainly because that at the same time it contains both productiveness and operating efficiency. Now EVA has been tranormed into a value-based management methods. In a period of economic prosperity, markets perform strongly, a wide range of industries maintain profitability and enterprises enjoy huge margins from the economics of scale, all of this may make people forget or ignore the importance of value-based management. Because in this period capital has been created easily and value-added as a inertia, it does not need motivation or methods to seek value. However, once the economy has started showing a weak state, then venture capital limited, fierce competition has been excitated, and the enterprises’stock in the capital markets consecutively downturned, at this time the value based ideology seems particularly important to the management. Unfortunately China’s enterprises is just in this business time. Our enterprises is facing with the following difficult problems: The capital costing of Chinese enterprises is staggering; The efficiency of creating value in Chinese enterprises is low; China is undergoing "bubble economy" course which occurred in Japan in the 1990s, terribly,blind investment is corrading the total social value; Chinese capital market is inefficiency; China is short of talent managers, and the management concept drops behind; Chinese existing pay structure lacks competitiveness in the global range.In many of Value-Based management methods, I think the EVA Value-Based management system will comprehensively solve these problems. This Paper based on scientific analyzing of the EVA Value-Based Management method, taking EVA financial management objectives as a logic starting point for the theoretical framework, using standardized methods, through accounting adjustments to obtain EVA (Economic Value Added) indicator, under the guidance of EVA’s scientific concept itself, established the method of EVA incentive mechani (Value guiding) and the EVA decision-making theory (Value Creation). Then giving rise to the EVA value-based management theory’s localization thinking, in-depth analying of the EVA value-based management theory’s problems encountered in the localization process and proposing corresponding solutions, finally I will establish a theoretical framework of EVA value-based management method for the foundation.
论文关键词： 经济增加值；价值管理；经营效率；绩效评价；股票期权；
Key words（英文摘要）：www.328tibEt.cn Economic Value Added；Value-Based management；Operating efficiency；Performance measuring；Stock options；
Abstract（英文摘要）：www.328tibEt.cn EVA is increasingly recognised in the global range, mainly because that at the same time it contains both productiveness and operating efficiency. Now EVA has been tranormed into a value-based management methods. In a period of economic prosperity, markets perform strongly, a wide range of industries maintain profitability and enterprises enjoy huge margins from the economics of scale, all of this may make people forget or ignore the importance of value-based management. Because in this period capital has been created easily and value-added as a inertia, it does not need motivation or methods to seek value. However, once the economy has started showing a weak state, then venture capital limited, fierce competition has been excitated, and the enterprises’stock in the capital markets consecutively downturned, at this time the value based ideology seems particularly important to the management. Unfortunately China’s enterprises is just in this business time. Our enterprises is facing with the following difficult problems: The capital costing of Chinese enterprises is staggering; The efficiency of creating value in Chinese enterprises is low; China is undergoing "bubble economy" course which occurred in Japan in the 1990s, terribly,blind investment is corrading the total social value; Chinese capital market is inefficiency; China is short of talent managers, and the management concept drops behind; Chinese existing pay structure lacks competitiveness in the global range.In many of Value-Based management methods, I think the EVA Value-Based management system will comprehensively solve these problems. This Paper based on scientific analyzing of the EVA Value-Based Management method, taking EVA financial management objectives as a logic starting point for the theoretical framework, using standardized methods, through accounting adjustments to obtain EVA (Economic Value Added) indicator, under the guidance of EVA’s scientific concept itself, established the method of EVA incentive mechani (Value guiding) and the EVA decision-making theory (Value Creation). Then giving rise to the EVA value-based management theory’s localization thinking, in-depth analying of the EVA value-based management theory’s problems encountered in the localization process and proposing corresponding solutions, finally I will establish a theoretical framework of EVA value-based management method for the foundation.
论文关键词： 经济增加值；价值管理；经营效率；绩效评价；股票期权；
Key words（英文摘要）：www.328tibEt.cn Economic Value Added；Value-Based management；Operating efficiency；Performance measuring；Stock options；