Application of EVA in the Performance Evaluation of the State-Owned Enterprises: Case in Eastern Airlines Corporation Limited

摘要

With rapid improvement of China’s market economic operation mechanism, competition of enterprises is growing. Traditional evaluation indicators that measure performance of enterprise have become increasingly prominent defects. In this paper, we use the emerging evaluation method of enterprise performance―Economic Value Added (EVA) to study the performance of the state-owned listed companies. We make China Eastern Airlines Corporation Limited as an example to study the performance of state-owned enterprises. This study helps to regulate corporate financial management behavior, so that corporate investment decisions are consistent with the funding decisions.