TY - GEN
T1 - Performance evaluation of logistics enterprises based on economic value added and balanced scorecard
AU - Tong, Yan
AU - Yao, Yan
AU - Xiong, Xiaotong
PY - 2010
Y1 - 2010
N2 - Motivated by increased use in practice and increased interest in the media and among academics, a performance evaluation system was built based on Economic Value Added (EVA) and Balanced Scorecard (BSC) for logistics enterprises. Correlation test and linear regression were run to give empirical support for the system. Leading the long-term vision, EVA is at the top of this system. Other measures distributed in four perspectives - Financial, Customer, Internal business process and Learning and growth - are aimed to a high EVA. EVA gets significantly positive Kendall's correlation with strategic objective whose proxy is corporate value. In linear regression whose dependent was EVA, operation cost, the first five customers' revenue ratio, audited internal control report and staff educational ratio were used to represent the four perspectives respectively. The first and the third measures have significant coefficients consistent with theoretic analysis.
AB - Motivated by increased use in practice and increased interest in the media and among academics, a performance evaluation system was built based on Economic Value Added (EVA) and Balanced Scorecard (BSC) for logistics enterprises. Correlation test and linear regression were run to give empirical support for the system. Leading the long-term vision, EVA is at the top of this system. Other measures distributed in four perspectives - Financial, Customer, Internal business process and Learning and growth - are aimed to a high EVA. EVA gets significantly positive Kendall's correlation with strategic objective whose proxy is corporate value. In linear regression whose dependent was EVA, operation cost, the first five customers' revenue ratio, audited internal control report and staff educational ratio were used to represent the four perspectives respectively. The first and the third measures have significant coefficients consistent with theoretic analysis.
KW - Balanced scorecard (BSC)
KW - Economic value added (EVA)
KW - Logistics
KW - Performance evaluation
UR - https://www.scopus.com/pages/publications/77953073057
U2 - 10.1109/ICLSIM.2010.5461411
DO - 10.1109/ICLSIM.2010.5461411
M3 - Conference contribution
AN - SCOPUS:77953073057
SN - 9781424473311
T3 - 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
SP - 329
EP - 333
BT - 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
T2 - 2010 International Conference on Logistics Systems and Intelligent Management, ICLSIM 2010
Y2 - 9 January 2010 through 10 January 2010
ER -