Title :
Notice of Retraction
The Study on Application Value of EVA in Enterprise Performance Evaluation
Author :
Li Tao ; Wang Chao
Author_Institution :
Sch. of Economic & Manage., North China Electr. Power Univ., Beijing, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
In order to verify the application value of EVA in enterprise performance evaluation, in this paper, two sets of evaluation systems in which Traditional Accounting Earning and EVA were regarded as main performance indicators, were constructed on the basis of the enterprise performance comprehensive evaluation system. We arrived at the conclusion that _by using the data of Chinese listed companies_ there was better application value in the EVA-based performance evaluation system than in the traditional accounting earning-based performance evaluation system, in two aspects of relative effectiveness and the effect in performance evaluation.
Keywords :
accounting; commerce; EVA; application value; comprehensive evaluation system; enterprise performance evaluation; traditional accounting earning; Biological system modeling; Companies; Correlation; Economics; Performance evaluation; Subspace constraints; EVA; application value; evaluation system; performance evaluation;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.1334
