EVA与FCF对比分析及其综合运用模型  

The Comparative Analysis and the Model of Comprehensive Application between EVA and FCF

作　　者：成蓉晖[1] 

机构地区：[1]湖南工业大学经济管理系,湖南株洲412000

出　　处：《湘潭大学学报（哲学社会科学版）》2008年第3期76-80,90,共6页Journal of Xiangtan University:Philosophy And Social Sciences

基　　金：湖南省哲学社会科学基金项目(项目编号:07YBB256)

摘　　要：EVA和FCF两种财务系统在逻辑前提、价值管理目标、价值评估方法、业绩与薪酬体系等四个方面具有各自的优缺点。价值战略评价模型综合了EVA和FCF的优点,同时也在很大程度上克服了二者的缺点,因此具有更大的优越性,在企业的价值管理中,可以用其进行企业投资决策和经营管理分析决策。EVA and FCF,two kinds of financial systems,are of respective advantages and disadvantages on four items as logical premise,value management targets,valuation methodology,performance and emoluments system.Valuation Stratagem Module integrates the merits of EVA and FCF as well as avoids their demerits to the great extend.Therefore,the superiority of the module can be presented in the investment decision and the operational administration analysis decision for the value management of enterprises.

关 键 词：EVA FCF 价值评估 绩效评价 

分 类 号：F275[经济管理—企业管理]