NDLI: The empirical study about the main influencing factors of high-tech enterprises' performance based on the model of EVA

Content Provider	IEEE Xplore Digital Library
Author	Ren Mei-juan Li Wen-hua
Copyright Year	2011
Description	Author affiliation: Commercial college, Commerce University in Tianjin, 300134, China (Ren Mei-juan; Li Wen-hua)
Abstract	Considering the features of higher-invest, higher - risk, higher -yield and higher-intelligence of high-tech enterprises, this paper analyzes the main influencing factors of high-tech enterprises' economic value added (EVA) performance and generalizes relevant empirical hypothesises. On the basis of that, this paper makes use of new performance appraisal method based on EVA to analyze performance of 111 Information Technology Industry listed companies. Finally, this paper makes relevant empirical study by the quantitative method. The empirical study indicates that: High-tech enterprises' EVA performance has positive correlation with the net profit after tax; it has negative correlation with the current assets; Furthermore, it has nonlinear correlation with the capital assets, when the input amount of capital assets is small, they have positive correlation; after achieving a certain value, they will have negative correlation. This paper considers that there are three effective ways to improve high-tech enterprises' EVA performance: One way is to improve the net profit after tax of high-tech enterprises; The second way is to improve the service efficiency of current assets, on the premise of high-tech enterprises' normal operation; The last way is to pay more attention to invest capital assets reasonably. The conclusion of this empirical study provides a necessary lesson for high-tech enterprises to improve their EVA performance.
Starting Page	350
Ending Page	354
File Size	102423
Page Count	5
File Format	PDF
ISBN	9781612847016
e-ISBN	9781612847047
DOI	10.1109/ITiME.2011.6130849
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2011-12-09
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	influencing factors EVA Correlation Companies empirical Educational institutions Appraisal Mathematical model high-tech enterprises Research and development Equations
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in