Contemporary Finance & Economics ›› 2014, Vol. 0 ›› Issue (07): 1709-.

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On Several Theoretical Issues Concerning Corporate Performance Evaluation in Strategic Emerging Industries from the Perspective of Evolution

ZHANG Rui   

  1. (Jiangxi University of Finance and Economics, Nanchang 330013, China)
  • Received:2014-04-11 Published:2021-01-21

Abstract: The business objective of the enterprises in the strategic emerging industries should be defined as: on the premise of following the “3R” principle of circular economy development, taking the related policies of the State Council concerning energetic development of China’s strategic emerging industries as the guiding ideology, keeping the breakthroughs of the significant technology and the formation and maintaince of the core technology as the kernel, pursuing the high growth capacity and development potential of the enterprises, so as to achieve sustainable corporate value maximization, and truly realize the leading and guiding role of the business operation of strategic emerging industries in the development of regional economy or national economy. To match this objective, enterprises should establish a new management philosophy, i.e., a new efficiency concept, a new innovation concept and a new interest concept. The performance evaluation should be based on the “maximum”and“minimum”laws, the circular economy theory, the strategic management theory, and the stage theory of economic growth. At the same time, it is necessary to keep to the principles in performance evaluation, such as relevance, comprehensiveness, importance, the will of the state, the cost-effectiveness, and so on.

Key words: enterprises in strategic emerging industry; performance evaluation; business objective