摘要
借助于股东价值方法,本文建立了揭示产品数量、作业量、成本与股东价值数量关系的作业基础股东价值模型。在此基础上,对股东价值保值增值作了进一步研究,得到了股东价值保持不变的保值产销点和保值作业点。结果表明,保值产销点高于保本产销点,保值作业点低于保本作业点。
Using Rapaport′s shareholder value approach, this paper establishes the activity-based shareholder value model that indicates the interrelationship among cost, volume, activity amount and shareholder value. Based on this model, it further studies the break-even and increment of shareholder value, and obtains the break-even points of output and activity at which shareholder value added equal to zero. The research indicates that the break-even point of volume at which shareholder value added will be zero is more than break-even point at which profits will be zero, the break-even point of activity at which shareholder value added will be zero is lower than break-even point at which profits will be zero.
出处
《管理评论》
2006年第8期50-55,共6页
Management Review
基金
国家自然科学基金项目资助(70172010)。
