主题:解读国资委新政策——央企实施经济增加值考核 -- 土拨鼠yuanap
纯粹属于不懂一点财务技术的人编出来的玩意--胡说八道
In English, it is called Economic Value Added. It was a popular tool in corporate finance, first introduced by Stern Stewart Co,in 1991.
It was used by corporate headquarter to evalute division-level performance whose shares are NOT publicly traded, thus lacking monitoring pressure from external market.
AT&T and GE all used EVA in 1990s.
The shortcoming of this tool: one-time measure, very short-term oriented; it could not take into consideration VOLATILITY (business/industry risk).
Benefits of this tool: division CEO is more careful in capital budgeting.
BTW, Chinese are definitely smart in manipulation. 央企只要不上缴利润,什么故事都可以做出来。寅吃卯粮都可以做到极致,何况几个小小考核指标。--that's for sure.
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🙂恩, 38楼208 字66 2010-05-24 05:30:39
🙂这个“经济增加值”也是个美国人搞出来的大忽悠概念。 none空空 字208 2010-01-24 06:07:17
🙂经济增加值 charlew 字253 2010-01-24 19:57:00
🙂very shocked at your comment
🙂你可能有误会,我不是说考核经济增加值是胡说八道 40 wqnsihs 字724 2010-01-23 17:25:38
🙂中石油内部开始采用这种考核了 sneer 字110 2010-01-24 17:58:26
🙂这就跟20多年前在国企强制推行TQC一样,坚持不了多久 4 wqnsihs 字143 2010-01-24 18:05:36
🙂企业文化没有跟上是败因 思想的行者 字532 2010-01-25 18:12:55