基于EVA动量的Y公司业绩评价研究

发布时间：2018-01-16 13:23

本文关键词：基于EVA动量的Y公司业绩评价研究　出处：《阜阳师范学院》2017年硕士论文　论文类型：学位论文

【摘要】：企业长远经营的重要条件是可以准确地实现对企业业绩的评价,因此越来越多的企业利益相关者关注企业业绩评价,相关学者选取不同研究方向探讨合理、科学、有效企业业绩评价方法。目前大多数的企业业绩评价选择是单一的一种评价方法,或者认为经济增加值和经济增加值动量绝对优化于传统财务指标,而一味推崇经济增加值和经济增加值动量。然而,传统财务指标是无法被取代的。企业应该重视各项财务指标和非财务指标,将经济增加值动量指标作为评价企业业绩的核心指标,但还需要结合其他业绩评价指标,建立企业业绩评价体系,以这一体系帮助企业指引各部门管理层和员工的行为,最大可能的实现股东财富增涨、企业价值提升,实现企业的长久健康发展。企业的经营现状可以根据各种财务指标以及非财务指标评价分析得到。让企业利益相关者真实了解企业业绩以及企业价值,维护自身的合法权益,这对于经济发展起到积极作用。企业应该根据自身的发展战略、企业所处于的发展阶段、企业内外部环境等因素全面考虑,合理选择适当的评价指标,这有利于更好地为股东创造财富,为优化和改善企业的公司治理起到助推作用,平衡各利益相关者的权益,为改善企业经营管理提供新思路。本论文将传统财务指标、经济增加值指标和经济增加值动量指标运用于评价Y公司,根据Y公司的财务报表,用传统财务指标、经济增加值指标和经济增加值动量指标分析该企业2011年—2015年的企业业绩,构建Y公司的企业业绩评价体系,该体系包括净利润、销售毛利率、销售净利率,净资产收益率,经济增加值指标和经济增加值动量指标。该体系可以较准确地评价规模较大、财务核算健全、公司制度较完备的企业,对于小微企业的实用性还有待验证。
[Abstract]:The important condition of enterprise long-term management is to accurately realize the evaluation of enterprise performance. Therefore, more and more enterprise stakeholders pay attention to enterprise performance evaluation, and relevant scholars choose different research directions to explore the reasonableness. At present, most of the selection of enterprise performance evaluation is a single evaluation method, or that economic added value and economic value added momentum is absolutely optimized in the traditional financial indicators. However, traditional financial indicators can not be replaced. Enterprises should attach importance to various financial indicators and non-financial indicators. The economic value added momentum index is regarded as the core index to evaluate the enterprise performance, but it is also necessary to establish the enterprise performance evaluation system in combination with other performance evaluation indicators. With this system to help companies guide the behavior of the management and staff of various departments, the most likely to achieve the increase in shareholder wealth, corporate value. To achieve the long-term and healthy development of enterprises. The current business situation can be based on a variety of financial indicators and non-financial indicators of evaluation and analysis, so that corporate stakeholders really understand the enterprise performance and enterprise value. To safeguard their legitimate rights and interests, which plays a positive role in economic development. Enterprises should be based on their own development strategy, the enterprise is in the development stage, the internal and external environment and other factors should be comprehensively considered. Reasonable selection of appropriate evaluation indicators is conducive to better wealth creation for shareholders, to optimize and improve corporate governance, and to balance the rights and interests of all stakeholders. In order to improve the management of enterprises, this paper applies the traditional financial index, economic added value index and economic added value momentum index to evaluate Y company, according to the financial statements of Y company. Using the traditional financial index, the economic added value index and the economic added value momentum index to analyze the enterprise performance from 2011 to 2015, and to construct the enterprise performance evaluation system of Y company. The system includes net profit, gross profit rate of sales, net interest rate of sales, rate of return on net assets, economic added value index and economic added value momentum index. The practicability of the company system is still to be verified.
【学位授予单位】：阜阳师范学院
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F426.82;F406.7

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