DocumentCode
2651548
Title
Research on the EVA Integrated Scorecard Performance Measure System
Author
Li-gen, Yao ; Pei-pei, FENG ; Hong-wei, LI ; Ting, Zhao ; Xi-lian, WANG
Author_Institution
Hebei Univ. of Eng., Handan
fYear
2007
fDate
20-22 Aug. 2007
Firstpage
910
Lastpage
915
Abstract
With the establishment of modern enterprise system, the limitations of the traditional performance measure appear. Economic value added (EVA) and the balanced scorecard (BSC) are advanced modern tools for performance measure. EVA makes managers pay more attention to the goal of enterprise value maximum. BSC combines financial measure with nonfinancial measure. The two methods have some disadvantages individually, but they are actually complementary. This text proposes the EVA integrated scorecard performance measure system, and gives methods to ascertain the indexes´ weight. We use AHM and the unascertained comprehensive valuation into the performance measure practice. At first, adopt AHM to calculate the import weight of every index, and then measure performance by unascertained comprehensive valuation. In the end, we give an example.
Keywords
decision theory; economics; financial management; analytic hierarchical model; balanced scorecard; economic value added; enterprise value maximum; integrated scorecard performance measure system; modern enterprise system; nonfinancial measurement; unascertained comprehensive valuation; Appraisal; Companies; Conference management; Cost accounting; Current measurement; Engineering management; Modems; Performance evaluation; AHM; EVA integrated scorecard; performance measure; unascertained comprehensive valuation;
fLanguage
English
Publisher
ieee
Conference_Titel
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location
Harbin
Print_ISBN
978-7-88358-080-5
Electronic_ISBN
978-7-88358-080-5
Type
conf
DOI
10.1109/ICMSE.2007.4421962
Filename
4421962
Link To Document