摘要
要实现企业“价值最大化”的根本目标,就要对价值增值进行衡量。EVA是价值增值衡量指标中的代表,以此为基础,又衍生出价值增值衡量指标的另外两种形式——ΔEVA和REVA。本文在对EVA、ΔEVA和REVA研究思路进行综述的基础上,利用沪深两市上市公司的数据,对三个指标价值增值衡量适用性作了实证分析,得出了一些有益结论。
It is necessary to measuring the result of value added for the general aim of corporations. EVA is the typical measure of value added and also the source of A EVA and REVA. There is no answer to which measure is the best for measuring value added. An empirical test is made in this paper by the financial reports of Chinese list companies and we can draw some useful conclusions from empirical test.
出处
《经济管理》
CSSCI
北大核心
2006年第8期80-87,共8页
Business and Management Journal ( BMJ )
基金
中国社会科学院青年科研启动基金项目。
