Study on EVA-based Enterprise Performance Evaluation Method

To create value for shareholders as much as possible is the mission of enterprise. Only the interests of shareholders has been protected, the rights of other stakeholders shall be guaranteed, building an effective performance evaluation index system of enterprise is particularly important. Traditional profit-centered performance evaluations have many defects, as a new performance evaluation method of business, EVA makes up for the lack of traditional indicators of performance evaluation. This paper focuses on the performance evaluation index system of EVA, the application of EVA in listed companies. Article selects Wuhan Steel shares as the object of study, focusing on EVA 2010 Wu gang the calculation process, and through the application of traditional indicators of performance evaluation indicators and comparative analysis of EVA Wu gang performance of the past five years, to a comprehensive explanation of EVA Application of the strengths and weaknesses.