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EVA和MVA的提出对于传统财务评价考核指标来说是一个很大的进步,它们克服了传统财务评价指标仅仅反映当前收益状况的局限性,不但考虑了公司经营可能带来的风险,而且还反映了公司在未来给股东带来的潜在收益。EVA能够准确反映公司为股东创造的价值,并能为公司内部日常决策或长期规划提供指导,适合作为内部业绩衡量指标;市场增加值(MVA)则是衡量公司股东价值创造和管理部门长期业绩的最佳外部指标,二者密切相关,配合使用,可使财务业绩考核指标更趋完善,实现业绩评价的协调。现在,EVA与MVA正在世界范围内被广泛应用,并逐渐成为一种全球通用的衡量标准。
The proposal of EVA and MVA is a great progress for the traditional financial appraisal indicators, which overcome the limitations of the traditional financial appraisal indicators only reflecting the current earnings situation, not only considering the risks that the company may bring but also reflecting The company’s potential earnings to shareholders in the future. EVA can accurately reflect the value created by the company for shareholders and can provide guidance for daily internal decision-making or long-term planning within the company, which is suitable as a measure of internal performance. Market value added (MVA) is a measure of the long-term performance of the company’s shareholder value creation and management department The best external indicators, the two are closely related, with the use of, can make the financial performance evaluation indicators more perfect, to achieve the coordination of performance evaluation. Now, EVA and MVA are being widely used all over the world and have gradually become a globally accepted measure.