摘要
MVA(marketvalueadded)即市场价值增加值 ,它是以资产市场价值为基础的业绩考核指标。它等于企业全部资产的市场价值与股东、债权人投入企业的资本额之间的差额。MVA财务战略矩阵以MVA、自我维持增长率和销售额增长率为指标对企业的业务单元进行考察 ,将企业的业务单元分成四种类型 ,并根据每一业务单元的特征逐一分析了每种类型业务单元适用的措施。本文最后讨论了MVA财务战略矩阵的局限性。
Market Value Added(MVA) is the performance evaluation index based on assets market value.It equals the balance between the market value of the enterprise's total assets and the capital amount that is put in by the stockholders and creditors.The MVA financial strategy takes the MVA,self-maintaining growth rate and sale growth rate as the index in inspecting the business unit.The enterprise's business units are divided into four types and each type of business unit is analyzed in accordance with the respective unit's feature.In the end this paper discusses the confinement of the MVA financial matrix.
出处
《现代财经（天津财经大学学报）》
2001年第10期57-60,共4页
Modern Finance and Economics：Journal of Tianjin University of Finance and Economics
