RESEARCH ON THE PRESENT SITUATION AND PROBLEMS OF PERFORMANCE EVALUATION SYSTEM IN SIHONG RURAL COMMERCIAL BANK

Journal Title: Topics in Economics, Business and Management (EBM) - Year 2018, Vol 2, Issue 2

Abstract

Traditional system of performance evaluation of enterprise already couldn’t satisfy the needs of the strategic management of contemporary society, which makes the enterprise have to undergo a profound change. The performance evaluation system of enterprise provides timely and effective self-assessment system to guide and supervise the normal operation of enterprises. The stand or fall of its design directly has effect on the survival and development of the corporation. Therefore, the system is going on a major change. Modern performance evaluation is mainly composed of EVA system and BSC system. The biggest advantages of EVA consider the equity capital cost, and it is more real and effective for the evaluation of business performance. BSC is based on the enterprise strategy and analyzes the factors that affect enterprise value, which contribute to the enterprise management decision of making rationalization. This article finds the system problems in practical application and provides countermeasures through research and analysis of the system at present, which is beneficial to make it more reasonable that the system of performance evaluation of the commercial bank.

Authors and Affiliations

Liu He, Bi Ke

Keywords

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  • EP ID EP411995
  • DOI 10.26480/icemi.02.2018.01.06
  • Views 71
  • Downloads 0

How To Cite

Liu He, Bi Ke (2018). RESEARCH ON THE PRESENT SITUATION AND PROBLEMS OF PERFORMANCE EVALUATION SYSTEM IN SIHONG RURAL COMMERCIAL BANK. Topics in Economics, Business and Management (EBM), 2(2), 1-6. https://europub.co.uk/articles/-A-411995