EVA:价值驱动型业绩评价指标

EVA: A Value-diving Index of Achievement Appraisal

以2002年及2001年EVA指标排名前一百位上市公司数据为基础,运用同归分析方法,分析了EVA变量同MVA之间的相关性。结果表明,不但本年度EVA指标对MVA具有显著相关性,上年度的EVA指标对本年度的MVA也有显著相关性,说明EVA对企业的重要贡献在于它是一套价值驱动型的指标,股东可以通过EVA对MVA的长期影响来对公司的管理业绩作出预期和反映,进行评价和约束管理者的行为。

Based on the EVA index data （2001 -2002） of the first 100 listed companies, the article analyses the correlation between the indexes of EVA and MVA by regression analysis. The result indicates that MVA is not only remarkably influenced by the index of the very year, but also the last year. EVA is an important value - driving index regarding its contribution to the enterprises, so stockholders can anticipate business prospects, appraise and control management by analyzing the long - term influence of EVA on MVA.