Research On Enterprise Growth Management Based On EVA

Growth management has always been an important content in enterprise management activity,because the meaning of enterprise existence lies in constantly creating value,and in the process of creating value to growing of enterprise is inevitable.But how to carry on the effective management to enterprise's growth,for the realization of the value creation in enterprise provide the foundation and the guarantee is an important problem.Part of the reason is that many managers ignored the concept of value creation,the understanding of enterprise growth there: enterprise growth is the increase in sales revenue or scale expanding,simply think that as long as the enterprise implements the income growth and scale that is on behalf of the enterprise to achieve the growth.Little imagine,any growth will increase their income or expansion,but only a benign growth can increase in income and improve enterprise value,and can keep for a long time.This growth should be enterprise's pursuit of growth.Therefore,in order to have a correct understanding of enterprise growth,from the perspective of value creation to re-examine the growth of the enterprise management is very necessary.This article is divided into six parts: the first part is the introduction,from the overall to this article research background,research purpose and significance,the domestic and foreign research present situation has carried on the simple overview.At the same time,introduced research methods and ideas in this paper.The second part is the theoretical overview,on the basis of introducing the enterprise growth theory and EVA theory,to analyze f the correlation of enterprise growth and EVA theory,and provide theoretical basis for the next study.The third part is the present situation analysis,mainly some of the problems existing in the current our country enterprise growth management,and the present situation of the state-owned enterprises to introduce EVA appraisal analysis.The fourth part is the empirical test,choosing listed before 2010 industrial enterprises as samples,to establish model of descriptive statistics and regression analysis,on the basis of the analysis of the sample company's financial situation and growth status,test the relationship between the enterprisegrowth and EVA.The fifth part is on the basis of above research,combined with the problems existing in our country enterprise,from different aspects for the growth of our country enterprise management,puts forward some suggestions to help enterprises to achieve more effective growth.The sixth part is the conclusion,summarizes the research results of this article from the whole,at the same time points out some shortages existing in this paper.The purpose of this paper is to introduce EVA as the standard to measure the efficiency of enterprise growth,and to make the concept of value creation become the cornerstone for the development of strategic objectives.Finally,it is the purpose of this paper to realize the sustainable creation of enterprise value.