使用EVA来衡量和评估业绩【外文翻译】.doc

文档介绍：本科毕业论文(设计)外文翻译原文:UsingEVAtomeasureperformanceandassessOfallthemeasuresthatcorporationsusetogaugetheirperformance,urateorusefulthaneconomicvalueadded,,,&,,EVAisthegain(orloss)thatremainsafterlevyingachargeagainstafter-taxoperatingprofitsfortheopportunitycostofallcapital—equityaswellasdebt—,-:"EVAisbasedonsomethingwehaveknownforalongtime:whatwecallprofits,themoneylefttoserviceequity,,....Untilthenitdoesnotcreatewealth;itdestroysit."ountingprofits,,mostlinemanagersbasetheirdecisionsonoperatingprofits,whichdon''tbeginuntilthecostofcapital,likeallothercosts,?First,becauseitistheperformancemeasurethatislinkedmostdirectly,boththeoreticallyandempirically,toameasurecalledMVA,,mon:Theyallare—orshouldbe—,rawmaterials,andotherinputstocr