经济附加价值与企业价值管理

企业财务管理的目标由追求会计利润最大化向为股东创造价值的增值转化,在这一转化过程中,经济附加价值(EVA)应运而生。经济附加价值(EVA)与企业价值管理相结合产生了企业价值管理的新模式。为了有效利用这一理论,首先,要明白EVA的涵义、重要性,及其在企业发展中的重要作用,寻求企业发展的最佳模式;其次,利用经济附加价值(EVA)分析和利用现金流量、资本成本、竞争优势等驱动要素增加企业的价值;最后,以EVA为基础构建系统的、富有效率的价值管理体系。

Economy added value and enterprise value management

The goal of enterprise financial management has transformed from pursuing the accountant profit maximization to create the value for the shareholder .In this conversion process,the Economic Value Added (EVA) arises at the historic moment.Economic Value Added (EVA) and enterprise value management associated product new pattern of enterprise value management In order to effectively use this theory.First we must understand the implication,the importance of EVA,and its develop the vital role in the enterprise,in order to seek best pattern which the enterprise develops; Second,we analyze and use cash current capacity,capital cost,competitive advantage and so on actuation essential factor to increase enterprise's value using the Economic Value Added (EVA); Finally,taking EVA as the foundation we can construct the rich efficiency value management system .