This article is based on traditionally intrinsic value assessment model. We employed the assumption on the differences in future increase rates of companies, taking into account of the expected Economic Value Added (E...This article is based on traditionally intrinsic value assessment model. We employed the assumption on the differences in future increase rates of companies, taking into account of the expected Economic Value Added (EVA) discount and the capital investment, to establish a high increase model, a two-stage EVA discount model and a three-stage EVA discount model for the intrinsic value assessment. Those models eliminate the great fluctuation of free cash flow in calculating the capital expenditure by setting aside the cash flow of the company’s investment in the year and considering only the capital cost. This method needs only to assess the EVA flow in different year in probing the intrinsic value of a company, thus give more consistent conclusion than conventional methods.展开更多
Based on an enterprise as an example, this paper tries to through the analysis of the enterprise current problems of incentive system, on the basis of a thorough investigation into the current situation of enterprise ...Based on an enterprise as an example, this paper tries to through the analysis of the enterprise current problems of incentive system, on the basis of a thorough investigation into the current situation of enterprise human resource management, strategic management theory and experience at home and abroad for reference, design a corporate strategy development oriented human resource incentive mechanism, in order to help the enterprises to formulate scientific and effective incentive management system to provide policy recommendations. The proposal to our country modern enterprise to establish scientific human resource incentive mechanism has certain applicability and reference value.展开更多
文摘This article is based on traditionally intrinsic value assessment model. We employed the assumption on the differences in future increase rates of companies, taking into account of the expected Economic Value Added (EVA) discount and the capital investment, to establish a high increase model, a two-stage EVA discount model and a three-stage EVA discount model for the intrinsic value assessment. Those models eliminate the great fluctuation of free cash flow in calculating the capital expenditure by setting aside the cash flow of the company’s investment in the year and considering only the capital cost. This method needs only to assess the EVA flow in different year in probing the intrinsic value of a company, thus give more consistent conclusion than conventional methods.
文摘Based on an enterprise as an example, this paper tries to through the analysis of the enterprise current problems of incentive system, on the basis of a thorough investigation into the current situation of enterprise human resource management, strategic management theory and experience at home and abroad for reference, design a corporate strategy development oriented human resource incentive mechanism, in order to help the enterprises to formulate scientific and effective incentive management system to provide policy recommendations. The proposal to our country modern enterprise to establish scientific human resource incentive mechanism has certain applicability and reference value.
