碩士 / 輔仁大學 / 科技管理學程碩士在職專班 / 95 / EVA is the difference between a company’s net operating profits after taxes and its cost of invested capital. Many leading international enterprises have been widely paying attention to EVA and adopted it. This study is to calculate Quanta’s and Foxconn’s EVA by means of equity adjustment for accounting principle and to list the relevance between stock prices, MVA and EVA. By EVA variation, moreover, this paper also discusses the performance under different contract manufacturing model.
The conclusion of this study are listed as followings,
1. Foxconn and Quanta’s EVA performance measures in explanation stock prices and MVA is superior to traditionally financial measures, such as EPS and ROE.
2. EPS, ROE joined with EVA make out an enhancement in explanation abilities for stock prices and MVA. While in evaluating of financial statements, will improve the credibility of financial statement with considering EVA performance measures simultaneously.
3. By stepwise regression test, contemporary EVA has closer correlation with the contemporary stock prices, and EVA has no forecasting ability for stock prices.
4. The contents analysis for EVA, Foxconn’s global deployment strategies are in operating and combine with eCMMS model. Its performances are highly superior to Quanta which develop mainly with the ODM. Quanta, however performs a forward-looking SSDMM model in order to intend out of market competition. It is worth in coming future to approach a result.
| Identifer | oai:union.ndltd.org:TW/095FJU01685009 |
| Date | January 2007 |
| Creators | Chung-Hsin, Lin, 林中興 |
| Contributors | 龔尚智 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 87 |
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