Study On Performance Evaluation Of Baoshan Iron And Steel Co.,Ltd Based On Green EVA

With the determination of the goal of "building a prosperous,democratic,civilized,harmonious and beautiful socialist modern power" and the introduction of the guiding opinions on building a modern environmental governance system,Enterprises are bound to face the pressure of green transformation and upgrading,especially those with heavy pollution.Due to their overall energy consumption and limited by technical equipment,they will encounter more challenges in the green transformation and upgrading and industrial structure adjustment.However,the existing enterprise performance evaluation system does not include enterprise environmental protection investment in the evaluation system,which greatly hinders the enthusiasm of enterprises to increase investment in the field of environmental protection,It is mainly the contradiction between improving environmental protection investment and reducing enterprise benefit.Facing the dilemma faced by heavy polluting enterprises in the green transformation and upgrading,it should take the lead for the state-owned enterprises which occupy the core position in the current economic construction,and solve the contradiction between them through innovative performance evaluation method.Based on such needs,this study uses the accounting method of green economic added value proposed by Professor Yang tingrong and Ding Huiping for reference,selects Baoshan Iron and Steel Co.,Ltd.(hereinafter referred to as "Baosteel Co.,Ltd.")as the research object,and explores the huge governance costs invested by high pollution enterprises in reducing their own environmental pollution due to environmental protection policies,social responsibilities and other factors,What are the effects of these expenses on enterprise performance evaluation.This study discusses and studies the practicality of the accounting method through case analysis,wall's proportion scoring and comparative analysis to verify the scientificity,rationality and applicability of the evaluation system.First of all,based on the theory of enterprise performance evaluation,this paper reviews and sorts out the research results of scholars at home and abroad in the fields of economic added value,green economic added value and state-owned enterprise performance.Based on the research results of scholars at home and abroad,this paper discusses the measurement and Application of green economic added value in heavily polluted enterprises.Secondly,this paper will select Baoshan Iron and Steel Co.,Ltd.as the research object As the research object of this paper,through case analysis and comparative analysis,the traditional financial indicators,Du Pont analysis,economic value-added and green economic value-added are compared to verify the applicability of green economic value-added in high pollution state-owned enterprises.Finally,through the application of green economic value-added in Baosteel,we draw a conclusion,which provides suggestions for enterprises to improve performance and new ideas for the competent departments(SASAC)to evaluate performance.Through the comparative analysis of Baosteel's green economic value,this paper proves that the index system is reasonable,feasible and scientific.Through the quantifiable index,environmental protection investment can be included in the performance evaluation,which can more comprehensively reflect the enterprise's ability to create value,and also help to improve the management's investment in environmental protection.By encouraging state-owned enterprises with high pollution to independently disclose their environmental protection investment and other relevant information in the annual report,it can help to promote the disclosure of environmental protection data in the whole industry,and through the performance of environmental protection data We will evaluate and provide preferential measures such as tax reduction to enhance the enthusiasm of enterprises.