截至2010年三季度末,EVA为正的央企控股上市公司占比仅有41.7%,意味着超过一半的企业价值创造能力低下经过多年的实践,央企在单纯追求规模与增长的过程中暴露出经营风险扩大(盲目多元化)、资产质量下降(不受资本成本约束)、核心竞争力削弱(研究投入的低比例),以及资本运作受 As of the end of the third quarter of 2010, the positive EVA-listed public companies accounted for only 41.7% of listed companies, which means that more than half of the enterprises have low value-creating ability After many years of practice, the central SOEs exposed their operations in pursuit of scale and growth Risk diversification (blind diversification), declining asset quality (independent of capital costs), weakened core competitiveness (low proportion of research investment), and capital operation