Earticle

초록

영어

The purpose of this study is to implement and develop the integrated Economic Value Added (EVA) and Time-Driven Activity-Based Costing (TDABC) model to seek both improvement of Net Operating Profit Less Adjusted Tax (NOPLAT) and reduction of Capital Charge (CC). Net Operating Profit Less Adjusted Tax (NOPLAT) can be maximized by reducing the indirect cost of an unused resource capacity increased by Cost Capacity Ratio (CCR) of TDABC. On the other hand, Capital Charge (CC) can be minimized by improving the efficiency of Invested Capital (IC) considered by Weighted Average Cost of Capital (WACC) of EVA. In addition, the integrated system of TDABC using Balance Scorecard (BSC) and EVA is developed by linking between the lagging indicators and the three leading indicators. The three leading indicators include customer, internal process and growth and learning perspectives whereas the lagging indicator includes NOPLAT and CC in terms of financial perspective. When the Critical Success Factor (CSF) of BSC is cascading as a cause and an effect relationship, time driver of TDABC and capital driver of EVA can be used efficiently as Key Performance Indicator (KPI) of BSC. For a better understanding of the proposed EVA/TDABC model and BSC/EVA/TDABC model, numerical examples are derived from this paper. From the proposed model, the time driver of TDABC and the capital driver of EVA are known to lessen indirect cost from comprehensive income statement when increasing the efficiency of operating IC from the statement of financial position with unified KPI cascading of aligned BSC CSFs.

목차

Abstract
 1. 서론
 2. EVA와 TDABC 통합시스템 개발 및적용
  2.1 EVA/TDABC 통합시스템의 개발
  2.2 EVA/TDABC 통합시스템의 적용
 3. BSC, EVA와 TDABC의 통합시스템개발 및 적용
  3.1 BSC/EVA/TDABC 통합시스템의 개발
  3.2 BSC/EVA/TDABC 통합시스템의 적용
 4. 결론
 5. References

키워드

EVA TDABC NOPLAT IC CC CCR WACC Time Driver Capital Driver BSC CSF KPI

저자

• 최성운 [ Sungwoon Choi | 가천대학교 산업공학과 ] Corresponding Author

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