AN ADJUSTED DUPONT MODEL FOR ENTERPRISE PERFORMANCE EVALUATION Cover Image
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AN ADJUSTED DUPONT MODEL FOR ENTERPRISE PERFORMANCE EVALUATION
AN ADJUSTED DUPONT MODEL FOR ENTERPRISE PERFORMANCE EVALUATION

Author(s): Xiaosong Zheng, Bing Zhang
Subject(s): Economy
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: financial performance; adjusted DuPont model; cash flow; ratio; CNPC

Summary/Abstract: Enterprise performance evaluation, not only appears in book values, but also is included in the company management. The comprehensive evaluation of the enterprise operation state and the efficiency of management is an important measure for the enterprise management and for investors to get information. In the developed countries with mature market economy, there are excellent evaluation methods. However, in China, due to the new-born market economy, the developments of performance evaluation are far behind that of the western world. In this paper, a comprehensively adjusted DuPont schema, combined with cash flow ratios, will be designed according to previous researches. Meanwhile, China National Petroleum Corporation (CNPC) will be used as an example to employ the new DuPont Model.

  • Issue Year: 6/2014
  • Issue No: 1
  • Page Range: 93-102
  • Page Count: 9
  • Language: English