Study On The Combination Of EVA And BSC Performance Evaluation System On Company Y

With the development of economic globalization and integration,China's rapid economic progress,enterprises in which the market competition environment has also changed,in the face of complex and volatile market competition environment,enterprises should pay full attention to business management activities,from all aspects of a comprehensive Improve the business level of enterprises in order to compete in the market in a dominant position,in which case,we need to establish a performance evaluation system,scientific and effective evaluation of the value of enterprises,and better create value for the enterprise.EVA performance evaluation system fully considered the cost of capital,in line with the concept of maximizing the value of corporate shareholders,and remove the impact of accounting information distortion,can more truly reflect the business performance,BSC performance evaluation The system introduces the non-financial indicators,from the financial and non-financial aspects of a comprehensive and comprehensive evaluation of the enterprise performance,revealing the impact of enterprise value drivers,contribute to the realization of corporate strategy.EVA and BSC as two major modern performance evaluation methods,have followed the concept of maximizing the value of the enterprise,while their own advantages and disadvantages,the combination of EVA and BSC,analysis of the advantages and disadvantages of the two performance evaluation system,advantage of the two,to make up for the two disadvantages,so that EVA to strengthen the cost of capital BSC,BSC make up for EVA only the shortcomings of financial results in order to play a greater role in both the traditional performance evaluation system to ignore the capital cost and non-financial aspects Defects,so that the performance evaluation system can not only from the perspective of the economic value of shareholders,but also from the perspective of comprehensive business strategy to reflect the performance of enterprises in order to achieve a more comprehensive evaluation of corporate performance,more in line with the needs of modern enterprise management.This paper introduces the concept,specific content,advantages and disadvantages of EVA and BSC performance evaluation system by analyzing the current situation of performance evaluation at home and abroad,and then analyzes the common points,advantages and complementarity of the two This paper provides a theoretical basis for the necessity and feasibility of the combination of the two,and on this basis,the basic idea of combining EVA and BSC is put forward.Then,the performance evaluation method is applied to Y Company,This paper analyzes the existing problems and problems of performance evaluation system,summarizes the applicability of EVA and BSC performance evaluation system in Y company implementation,and constructs and implements EVA and BSC performance for company Y Evaluation system to provide a basis;then,combined with the actual situation of Y company,according to Y's strategic objectives,EVA into the financial level of BSC,become the financial core of the main indicators,from the financial,customer,internal processes,learning and growth Four levels of Y company performance evaluation system to complete the strategic mapping and index settings,and the use of analytic hierarchy process The index gives a reasonable weight,and constructs a performance evaluation system which is suitable for the combination of EVA and BSC of Y company.Then,the newly constructed performance evaluation system is used to calculate the grade and grade of Y company's 2016 index,and comprehensively and systematically evaluate the company's The performance of the year's business performance;Finally,the implementation of EVA and BSC performance evaluation system of the expected results and safeguards were analyzed to ensure that the new performance evaluation system in the implementation of Y company to promote the performance of Y company and the overall management level Of the upgrade,and ultimately serve the company's long-term development and maximize the value of the realization.