Abstract
This paper discusses the competitive advantage of "Strategic Private Placement", and measures the Coporate Value by economic value-added (EVA) analysis method. This research shows that the unique business model of the case company depends on the integration of the value chain, the use of strategic private placement investors to share the profit of the value chain, but the economic value-added (EVA) spread is not more than 4%, showing the creation of Coporate Value depends on adpoting correct growth strategy, and making excess return rate.