The Analysis Of Capital Budget Management Of Dalian A Shipbuilding Enterprise Based On EVA

Budget is an effective means to conduct internal control for an enterprise,which refers to the economic activity reasonably predicting the corporate resources and operation behavior in the future period by the means of control,supervision and evaluation based on the corporate decisions and according to the strategic goal for corporate development.Currently,capital budget management has been applied in many shipbuilding enterprises,which has achieved good effect.However,the shipbuilding industry in China belonged to an extensive development mode in early period while the management layers of many shipbuilding enterprises paid no attention to capital budget management and established no capital budget management system,or the established capital budget management system was just a mere formality.Therefore,it is needed to conduct related researches on capital budget management of shipbuilding enterprises thus to enhance the capital budget management capability of the shipbuilding enterprises and strengthen the value creation capability of the enterprises.The thesis,taking A Shipbuilding enterprise in Dalian as the research object,based on the budget management theory and EVA theory,conducts comprehensive research on the capital budget management of A Shipbuilding enterprise in Dalian.The research contents include: firstly,conduct investigation and research on the capital budget management situation of A Shipbuilding enterprise in Dalian by the means of field investigation,analyze its operation feature and the requirements of the operation feature on the capital budget management based on the investigation result;secondly,introduce the current situation of capital budget management based on the capital budget management process,conduct field investigation and find that the current management layers of the enterprise pay little attention to capital budget management,therefore,the organizational structure,appraisal as well as reward and punishment mechanism and information construction of capital budget management need further improvement;thirdly,based on the problems existed in capital budget management of A Shipbuilding enterprise in Dalian,introduce EVA theory to establish the new capital budget management system based on EVA;finally,conduct analysis on the application result of capital budget management system based on EVA of A Shipbuilding enterprise in Dalian in 2016,and formulate the guarantee measures for capital budget management system based on EVA.It can be found based on analyzing the application effect that the overall difference is small even if the budget implementation situation of A Shipbuilding enterprise in Dalian in 2016 based on EVA exists with certain difference with the expected budget value,which is caused from the external market environment.The thesis,based on the operation feature of A Shipbuilding enterprise in Dalian,introduces EVA theory to explore better capital management system conforming to its operation feature,which guarantees the security of capital chain of A Shipbuilding enterprise in Dalian,enhance its value creation capability,enhance the corporate development quality and provides guarantee for the sustainable and healthy development of A Shipbuilding enterprise in Dalian.