企业价值评估的新方法——经济附加值(EVA)

A New Method to Assess Enterprise Value——Economic Value Added (EVA)

EVA( Economic Value Added的缩写 ,一般译为经济附加值 )是企业管理、财务会计的一个新名词 ,也是企业价值评估的一种新方法。本文在分析 EVA产生背景、涵义、计算方法的基础上得出 :EVA源于剩余收益 ,又是比剩余收益更优的一种方法。当然 ,EVA也有其不可避免的局限性 ,如 :EVA理论研究比较欠缺 。

EVA is a new term in enterprise management and financial accounting. It is also a new method to assess enterprise value. EVA is the abbreviation for Economic Value Added. On the basis of analysing the background, definition and calculation of EVA, the treatise thinks that EVA, which comes from residual income (RI), has some advantages over RI, but it also has some limitations. For example, EVA is short of research on theory, formula of EVA has to be applied on the basis of specific accounting system, etc.