摘要
为了更好地了解经济增加值(Economic Value Added,EVA)模型在上市公司价值评估中的应用前景,选用皖江城市带37家上市公司近5年的数据进行实证研究。结果表明,在解释企业价值及股票价格的变化方面,EVA指标比传统会计指标具有更强的解释力,且EVA能够更好地衡量经营者为股东创造财富的经营业绩。
The authors of this paper have studied the past five years＇ data of the 37 listed companies in Wan-Jiang City Belt for a better understanding of the economic value added model. The results show that, in terms of the explanation of value and stock price changes, EVA index has a greater explanatory power than traditional accounting index and EVA well demonstrates the wealth that the operators have created for shareholders.
出处
《唐山学院学报》
2015年第3期89-94,99,共7页
Journal of Tangshan University
基金
国家社科基金青年项目(13CGL026)
安徽师范大学哲学社会科学繁荣发展计划首批重大项目(FRZD201302)
关键词
经济增加值(EVA)
传统会计指标
效用分析
皖江城市带上市公司
economic value added （EVA）
traditional accounting index
value evaluation
listedcompanies in Wan-Jiang City Belt
