应用经济增加值指标评估上市公司的经营业绩——对沪市工业类95家上市公司的实证分析

Applying EVA to Measure the Operating Performance--A Research on 95 Industrial Corporations in Shanghai Stock Exchange

企业经营业绩评价往往以会计利润为衡量标准 ,但它存在较大的缺陷 ,本文通过应用国际较先进的经济增加值指标来对我国上市公司的经营业绩进行实证分析 ,试图对我国上市公司的真实业绩作一客观评价。

The earnings based measures are always used to gauge the corporations performance,but such measures have a few great shortcomings.This article applies EVA,an advanced financial performance measure in international,to evaluate the operating performance of 95 Industrial Corporations in Shanghai Stock Exchange,and tries to give out the real performance of these corporations.