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EVA Performance Evaluation Under The Guide Of Oilfield Enterprises And Financial Management Behavior Research

Posted on:2014-06-30Degree:MasterType:Thesis
Country:ChinaCandidate:M LiFull Text:PDF
GTID:2269330425482938Subject:Accounting
Abstract/Summary:PDF Full Text Request
Oilfield Enterprises introduce Economic value added performance evaluation indicators for obtaining and maintaining a long-term competitive advantage and value creation ability in recent pierce competitive environments. It adds the concept of capital cost, and can bring long-term benefits for the enterprise to adjust the expenditure. We become value oriented. EVA transfers managers concerned on net profit to create value for the enterprise’s value management with the goal of "enterprise value maximization".In this article, through the study of oil field enterprise economic value added, we believe that the introduction of economic value added into the oil and gas cost calculation, can make the cost information more complete, more conducive to managers from the perspective of enterprise value maximization for decision making.In this paper, through the introduction of the performance management of multinational oil companies and oilfields in our country enterprise the limitations of traditional performance evaluation methods, we lead to the EVA performance evaluation. And then on the background of samples with the actual situation of oilfield enterprises, we are going to build up the oil field enterprises’EVA performance evaluation system and analysis the samples of the oil field of EVA performance evaluation in2008-2012. Secondly, we start an empirical analysis of EVA guide to the mining enterprise financial behavior, and mainlydiscuss the transformation of the samples of mining enterprise in2009and2011years of exploration, training and research and development spending. Finally in order to reference for oilfield enterprises, this text is analysis of the way of improving the ability of value creation in oil field from the perspective of the value management.
Keywords/Search Tags:Economic value added, Oilfield Enterprises, Financial behavior, Valuecreation
PDF Full Text Request
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