Financial Efficiency of Electric Power Listed Company based on EVA Model

被引：1
|
作者：
Duan, Baoqian
Tian, Li
Hong, Haolin
机构：
来源：
SECTECH: 2008 INTERNATIONAL CONFERENCE ON SECURITY TECHNOLOGY, PROCEEDINGS | 2008年
关键词：
financial efficiency; EVA; electric power listed company; equity financing; debt financing;
D O I：
10.1109/SecTech.2008.37
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
EVA is the performance measurement indicator as the center of creating the shareholder value. With calculation of annual fund utilization efficiency of the electric power listed company by EVA model, it is approved that the blindness of electric power enterprises in choosing equity financing has reduced fund utilization efficiency. Considering the high rate of return on assets as vi;ell as the fact that the debt cost is lower than stock equity cost, debt financing model is more applicable than equity financing for electric power listed companies.
引用
收藏
页码：79 / 82
页数：4
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