Study Enterprise Value Appraisal Index Based on Value Chain
|Keywords||Value Management Value chain Value Management drivers of Financial Indicators Non-financial indicators|
Pointed out , the fundamental task is to continue to create value , and in the process of creating value , maximizing the value of corporate and social values ??, including Michael Porter's \According to Porter's analysis , enterprise value creation is unique by enterprise value chain links together nine basic activities . These activities include the content on internal logistics, production and management , external logistics , marketing and sales and service activities , as well as including procurement, technology development , human resource management , and enterprise infrastructure for the content of auxiliary activities . Enterprise value from the initial value assessment system developed to the theory of value management , value management is a measure of value drivers and control to achieve the target value growth . Driving factors combined enterprise value assessment theory and value management analysis and basic activities of the value chain analysis , this paper attempts to nine basic activities and support corporate value creation , from refining an environment conducive to improve the activities of independent or integrated value depth analysis of financial and non- financial evaluation of the value chain activities , evaluation of various value activities and is being used in the whole process of the enterprise value chain activities and support . The first part of the concept and development of the enterprise value theory and the theory of value chain , and the inference drawn specific object based on the enterprise value chain enterprise value evaluation activities for the enterprise value ; second part of the financial indicators of the value of the enterprise value chain activities build ; part III , proposed the construction of the enterprise value of the value chain activities of Sino-African financial indicators ; fourth part , based on the value of enterprise value chain activities affect the driving factors for each index analysis ; fifth part of the value of enterprise value chain activities in specific evaluation empirical application in the enterprise , at the same time as part of the conclusion of this article , evaluation of this innovative and inadequacies .