EVA考核与央企创新能力:短期和长期视角  

The EVA Evaluation and Innovation Capability in Central Government-led Enterprises: Short and Long Period

作　　者：袁晓玲[1] 白天元[1] 李政大[1] 

机构地区：[1]西安交通大学经济与金融学院,陕西西安710061

出　　处：《当代经济科学》2013年第6期115-121,126,共7页Modern Economic Science

基　　金：国家社会科学基金重点项目(中国转变经济发展方式推动科学发展对策研究;编号:11AZD001);教育部新世纪优秀人才支持计划(NCET-10-0683);中央高校基本科研业务费专项基金

摘　　要：国资委2010年开始对中央企业实施经济增加值(EVA)年度考核,其目的是增强企业创新能力,转变发展方式,提高国有经济效率。本文构建年度和三年EVA模型,从短期和长期两个视角对央企控股企业2007-2011年的研发投入与EVA绩效关系进行研究,进而探讨EVA考核是否能够起到鼓励企业加大研发投入、提高创新能力的作用。研究表明:短期视角下年度内EVA与研发投入负相关,年度考核无助于提高企业创新能力;而长期视角下三年EVA与研发投入正相关,长周期考核有助于提升企业创新能力。The State-owned Assets Supervision and Administration Commission of the State Council( SASAC) officially took EVA into the performance evaluation of executives of central government-led enterprises in 2010. Its purpose was to strengthen the innovative capacity of enterprises,guide the state-owned enterprises to change the mode of development and raise the efficiency of the state-owned economy. The research models,based on innovation capability of one year and three years,are established in this paper with different perspective to analyze the relationship between R&D investments and EVA performance of state-controlled stockholding enterprises in different period from 2007 to 2011 and then this paper studies the issue that it may be helpful for innovative capacity. The empirical results show that the EVA has a negative correlation with R&D spending in one year and the annual appraisal is useless to improve the innovative capacity of state-owned enterprises. In the long run,for three years a positive correlation exists between EVA and R&D and the longcycle appraisal is helpful for raising innovative capacity.

关 键 词：EVA考核 创新能力 周期 面板数据 

分 类 号：F275[经济管理—企业管理] F273.1[经济管理—国民经济] F276.1