传统业绩评价指标的突破视角:EVA

The Breakthrough of the Traditional Performance Measurement:EVA

随着经济的发展,传统的会计信息系统和其派生出来的业绩评价指标体系日益暴露出局限性,受到学术界和企业界的质疑。由美国Stern&stewart公司首倡的EVA应运而生,其优势体现在进行业绩评价时考虑了权益资本成本,主要通过对股东价值的创造的衡量来进行业绩评价。论述了EVA的优越性,并介绍了其对GAAP相应的调整,最后指出其局限性所在。

With the development of economy, traditional accounting information system and performance measurement show their limitation clearly,which oppugned by academe and corporation world. EVA,which brought forward by Stern & Stewart Co, Its advantages represent on considering the cost of equity capital.EVA measure performance by evaluating the stockholder value created.The article discusses the advantage of EVA,and introduces the adjustment of GAAP, and also points out the limitation of EVA.