Research on Business Performance Evaluation System for Shaanxi Listed Companies Based on EVA-BSC Coupling

DOI

10.2991/iceemt-18.2018.81How to use a DOI?

Keywords

EVA–BSC coupling; business performance evaluation; listed company; Shaanxi province

Abstract

Integrating advantages of EVA (Economic Value Adding) and BSC (Balanced Score Card), this thesis constructs a business performance evaluation system for Shaanxi listed companies and examines its application value. Based on both EVA, a financial indicator mirroring a company’s value creating ability, and BSC, a non-financial but strategic indicator for performance evaluation, an empirical research on financial and performance data from 41 listed companies in Shaanxi province is conducted to examine the system’s validity and practical applications. Result shows that EVA-BSC based performance ranking in 15 companies is in substantial agreement with that in EVA based raking while 26 companies see variation, demonstrating EVA-BSC based performance evaluation system’s comprehensiveness and practical application value.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xiaojun Deng
PY  - 2018/12
DA  - 2018/12
TI  - Research on Business Performance Evaluation System for Shaanxi Listed Companies Based on EVA-BSC Coupling
BT  - Proceedings of the 2018 3rd International Conference on Education, E-learning and Management Technology (EEMT 2018)
PB  - Atlantis Press
SP  - 418
EP  - 423
SN  - 2352-5398
UR  - https://doi.org/10.2991/iceemt-18.2018.81
DO  - 10.2991/iceemt-18.2018.81
ID  - Deng2018/12
ER  -