摘要
本文以我国上市的商业银行作为考察样本,对经济增加值(EVA)和商业银行市场增加值(MVA)之间的关系做实证分析。结论发现,EVA与商业银行价值创造有着很强的相关性,并且具有一定的解释力。但是在我国证券市场不够成熟的大环境下,EVA对价值创造的解释度和其他的会计指标有重叠。因此,评价商业银行价值创造时,应该将EVA和传统的会计指标结合使用。
The paper took the China’s listed commercial banks as the study sample , to analyze the relationship between EVA and value creation of commercial banks. The research found that there is a strong correlation between EVA and value creation of commercial banks. However, because the securities market of our country is immature , explanations of enterprise value by EVA and some accounting index meet in overlap. So it’s better to use EVA indicator and traditional accounting indexes comprehensively.
出处
《上海金融学院学报》
2014年第5期23-28,共6页
Journal of Shanhai Finance University
基金
广东省哲学社科规划学科共建项目(GD13XGL05)
广东海洋大学人文社科研究项目(C14048)
