摘要
运用MVA或EVA建立起来的财务战略矩阵是一种强调价值创造而不是收益增长的管理体系 ,其主要思想是作出合理的资本配置决策以增加企业价值。MVA指标克服了以净利润为基础的指标体系来考核企业的经营活动所带来的种种弊端 ,使企业的绩效考核和财务决策回归到企业财务活动的最终目标———企业价值最大化上来。MVA或EVA考核指标的现实意义及在财务决策中的运用。
The financial strategic rectangle on the basis of MVA or EVA is a management system emphasizing not on benefit increase but on value creation, it is for making reasonable resources prescription policy in order to raise enterprise value. MVA overcomes the shortcomings of benefit-oriented management activity, and directs efficiency valuation and financial policy making to the ultimate goal of enterprise financial activity--the maximization of enterprise value.
出处
《广西经济管理干部学院学报》
2002年第4期18-22,共5页
Journal of GuangXi Cadres College of Economic and Management
