EVA evaluation of SOE governance impact of the legal system
|School||China University of Political Science|
|Keywords||EVA evaluation SOE governance Legal System|
State-owned Assets Supervision and Administration Commission of January 1, 2010 officially introduced the \It is stipulated that the central business executives annual performance evaluation indicators include basic indicators and disaggregated indicators , including basic indicators by the ROE change to economic value added (EVA), economic value added accounted for 40% of the total weight . In different corporate governance philosophy , people will choose different governance rules , and different corporate governance rules would result in different corporate behavior guiding role . EVA represents the value of the management philosophy, promote the establishment of EVA assessment necessarily encourage people to adapt to the laws and regulations , and thus change the company's behavior. In this thesis, the state-owned enterprises to promote EVA evaluation ( mainly state-owned company ) corporate governance needs of the legal system for the current status of corporate governance and lack of laws and regulations , propose appropriate legal and institutional framework opinions. This paper is divided into six parts. The first chapter introduced the EVA and the basic concepts of corporate governance , the background and the related basic theory ; second chapter describes the EVA assessment and the relationship between corporate governance , promote the EVA evaluation analyzed the impact on corporate governance and summarized EVA-based management framework model ; chapter introduces the domestic and foreign EVA assessment and status of the legal system of corporate governance , and domestic and foreign enterprises to implement EVA evaluation differences were analyzed ; fourth chapter describes the advance EVA evaluation of corporate governance of state-owned enterprises legal system needs, including the real establishment of modern enterprise system , improve the legal system and the board objective and true disclosure of accounting information , concerns and other stakeholder demands ; fifth chapter analyzes the corporate governance status and inadequate legal system ; first chapters for inadequacies proposed to solve the problem of institutionalized and legalized opinions.