경영성과평가를 위한 경제적 부가가치 활용에 관한 연구

A Study on the Applying Economic Value Added for Evaluating Management Performance

  • 조성훈 (건국대학교 대학원 산업공학과) ;
  • 이상보 (건국대학교 대학원 산업공학과) ;
  • 정민용 (건국대학교 산업공학과)
  • 발행 : 1999.05.01

초록

EVA(Economic Value Added) is a management performance evaluation tool that determines whether a business is earning more than its true cost of capital. Leading corporations like Coca-Cola, AT&T and Briggs&Stratton have set up EVA measurement systems throughout their organizations. EVA reflects opportunity cost of equity ignored in calculating accounting profit and emphasizes the efficiency of capital employed by measuring how much the manufacturing and selling activities produce the economic profit in excess of cost of gross capital. In this paper, we define the concept of EVA and present an example to show the usefulness of EVA.

키워드