本文選題：經(jīng)濟(jì)增加值　切入點：經(jīng)濟(jì)增加值動量　出處：《蘭州財經(jīng)大學(xué)》2017年碩士論文　論文類型：學(xué)位論文

【摘要】：實現(xiàn)股東價值最大化是上市公司的經(jīng)營目標(biāo)。因此,衡量公司經(jīng)營業(yè)績的評判方法應(yīng)及時準(zhǔn)確的反映公司為其股東創(chuàng)造價值的水平,傳統(tǒng)的利潤相關(guān)指標(biāo)以及以股東價值為核心的業(yè)績衡量指標(biāo)如經(jīng)濟(jì)增加值,雖可以從一定程度上反映公司的經(jīng)營狀況和價值創(chuàng)造能力,但在對公司價值提升效率上的評價卻存在不足�！笆濉币詠�,面對國內(nèi)外復(fù)雜多變的政治經(jīng)濟(jì)環(huán)境,上市公司尤其是大型國有企業(yè)如何順應(yīng)國家政策,轉(zhuǎn)變增長方式,如何在激烈殘酷的市場競爭中保證價值提升,是各個公司面臨的挑戰(zhàn)。這就要求公司不僅要關(guān)注股東價值提升的能力,更要注重效率。經(jīng)濟(jì)增加值動量作為經(jīng)濟(jì)增加值的改進(jìn)指標(biāo),可以評價公司價值提升效率,并通過其趨勢變化為公司如何高效提升價值提供決策思路。文章選取了經(jīng)歷2014年國際原油市場巨變的海油工程公司,通過對該公司2011年~2015年經(jīng)濟(jì)增加值及經(jīng)濟(jì)增加值動量的計算和分解,判斷該公司價值提升的能力及效率,權(quán)衡公司應(yīng)對危機(jī)的水平,并對其如何更好的提升公司價值給出相關(guān)建議。全文共分以下五個部分:第一部分是引言,主要闡述研究背景、研究意義及目的,并提出文章研究的思路框架。第二部分是理論部分,首先對經(jīng)濟(jì)增加值和經(jīng)濟(jì)增加值動量進(jìn)行文獻(xiàn)綜述,然后著重介紹經(jīng)濟(jì)增加值動量的影響因素,計算方法和公式分解。第三部分是案例分析,主要介紹公司的基本概況和行業(yè)背景,并計算出公司經(jīng)濟(jì)增加值及經(jīng)濟(jì)增加值動量。第四部分是主要分析部分,首先對海油工程公司經(jīng)濟(jì)增加值動量進(jìn)行分解,并分別從內(nèi)部營運(yùn)效率和市場盈利效率兩個角度分析其對公司價值提升的影響,再對公司不同成長類型下的價值提升趨勢進(jìn)行分析。第五部分結(jié)合上述分析,指明海油工程公司在價值提升方面存在的不足,并對公司如何進(jìn)行價值提升提出了相應(yīng)的對策建議。
[Abstract]:To realize the maximization of shareholders' value is the operating goal of listed companies. Therefore, the evaluation methods to measure the company's operating performance should reflect the level of value created by the company for its shareholders in a timely and accurate manner. The traditional profit related index and the performance measure with shareholder value as the core, such as economic added value, can reflect the company's operating condition and value creation ability to a certain extent. Since the 13th Five-Year Plan, in the face of the complex political and economic environment at home and abroad, how do listed companies, especially large state-owned enterprises, adapt to state policies and change their growth patterns? How to guarantee the value enhancement in the fierce and cruel market competition is a challenge for each company, which requires the company not only to pay attention to the ability of shareholder value enhancement, We should pay more attention to efficiency. As an improvement index of economic added value, economic value added momentum can be used to evaluate the efficiency of value enhancement of a company. And through its trend changes for the company how to effectively enhance the value of decision-making thinking. The article selected the international crude oil market after the 2014 tremendous changes in the sea oil engineering company, Through the calculation and decomposition of the company's economic added value and economic added value momentum from 2011 to 2015, the ability and efficiency of the company's value enhancement are judged, and the level of the company's response to the crisis is weighed. The paper is divided into the following five parts: the first part is the introduction, mainly describes the research background, research significance and purpose. The second part is the theoretical part, which firstly reviews the literature of economic added value and economic added value momentum, and then introduces the influencing factors of economic added value momentum. The third part is the case study, which mainly introduces the basic situation of the company and the industry background, and calculates the economic added value and the economic added value momentum of the company. The fourth part is the main analysis part. Firstly, it decomposes the economic value added momentum of sea oil engineering company, and analyzes its influence on the promotion of company value from two angles of internal operation efficiency and market profit efficiency respectively. The fifth part combined with the above analysis, points out the shortage of the value promotion in the sea oil engineering company, and then analyzes the value promotion trend of the company under different growth types. The fifth part, combined with the above analysis, points out the shortcomings of the offshore oil engineering company. And put forward the corresponding countermeasures and suggestions on how to promote the value of the company.
【學(xué)位授予單位】：蘭州財經(jīng)大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2017
【分類號】：F426.22;F406.7

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