| Summary: | 碩士 === 國立高雄第一科技大學 === 財務管理所 === 92 === The EVA (Economic Value Added) method of assessment,a modern mana-
gement concept originally proposed by Stern Steward & Co. in 1989, is now gradually gaining acceptance in Europe and America. Domestic investors and business managers tend to utilize traditional financial reports as the basis of investment analysis and management performance. When evalu-
ating business management performance and market value,both EVA and traditional financial reports have their own particular advantages, but choosing the best method merits further study. Whether the occurrence of the Asian financial crisis impacts the performance assessment target itself also has high study value.
The textile industry used to be a major driving factor in Taiwan's miraculous economic growth. But with the advancement of technology, the glorious textile industry has now fallen back to become a so-called traditional or even past industry. In its place technology products of the prospering electronics industry such as chip manufacturing, computer, networking and communications have created numerous commercial opport-
unities and lead Taiwan to become an island of technology which has given rise to another wave of economic prosperity. In comparing the textile and electronics industries we have discovered that both made similar contri-
butions to Taiwan, and yet they fall into very different categories. Whether applying the same assessment method to different industries results in different performance evaluations needs further study. Through the EVA method, this thesis intends to employ domestic textile and electronics companies as study subjects.
The study results are:
1.The EVA explain MVA,the electronics industry is better than the textile industry.
2.The EVA method could explain more management performance than the traditional method.
3.The Asian financial crisis doesn't affect the EVA explain MVA.
Keywords：Economic Value Added,EVA
Market Value Added,MVA
Asian Financial Crisis
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