EVA 已经不仅仅是一个评价指标,而是与管理密切联系,不断创新壮大的一个综合的财务管理系统,具有许多独有的特征:第一,EVA 由于考虑了权益资本的成本,所以弥补了传统的以利润为核心的业绩评价系统的不足。当会计利润小于所投入的全部资本的成本的时候,实质上企业是没有利润的,甚至一个较高的利润数字也可能隐藏着对投资者投入资本的侵蚀。EVA 与传统会计方法的区别在于对权益成本 EVA is not only an evaluation index but an integrated financial management system that is closely linked with management and constantly innovating. EVA has many unique characteristics. First, EVA has made up for the traditional cost of equity capital because of its cost The profitability as the core performance evaluation system deficiencies. When the accounting profit is less than the total cost of capital invested, the enterprise is virtually unprofitable. Even a high profit figure may hide the erosion of capital invested by investors. EVA and the difference between traditional accounting methods is the cost of equity