The Impact of Illegal Financial Restatements In EVA-Based Internet Companies on Corporate Capital

Abstract

In recent years, with the continuous improvement of information technology, the Internet industry bursts with great
vitality, and the value of Internet companies has also attracted people's attention. However, due to the large
differences between Internet companies and traditional companies, the use of traditional valuation methods cannot
well reflect the value of the Internet. Therefore, it is particularly important to study valuation methods suitable for
Internet companies. This article first adopts the literature analysis method to summarize the relevant research
results at home and abroad. Secondly, combined with the characteristics of Internet companies, analyze the value
sources and value influencing factors of Internet companies, select EVA indicators and other related indicators to
design an Internet company value evaluation system based on EVA, construct an evaluation model, case analysis
chapters, and take the company as an example. The designed EVA-based indicator system and model steps are
compared and verified, and the enterprise value evaluation results are obtained. The value results of each year are
explained, and the rationality of the EVA-based Internet enterprise value evaluation method can be further seen. At
the end, three safeguard measures for the implementation of the EVA Internet enterprise value evaluation system
are proposed, combined with the deficiencies of EVA analysis, to supplement it, and analyze the value of Internet
enterprises from multiple angles.