scholarly journals Is Economic Value Added Momentum (EVA Momentum) a Better Performance Measurement Tool? Evidence from Egyptian Listed Firms

2021 ◽  
Vol 11 (03) ◽  
pp. 297-319
Author(s):  
Abdel-Karim Omneya ◽  
Salah Ashraf ◽  
Bekheit Bahaa Eldin
Keyword(s):  
Performance Measurement ◽  
Economic Value ◽  
Value Added ◽  
Measurement Tool ◽  
Economic Value Added ◽  
Listed Firms

scholarly journals Economic value added: Corporate performance measurement tool

2016 ◽  
Vol 11 (1) ◽  
pp. 47-58 ◽  
Author(s):  
Reeta Shah ◽  
Arunima Haldar ◽  
S.V.D. Nageswara Rao
Keyword(s):  
Performance Measurement ◽  
Economic Value ◽  
Value Added ◽  
Performance Measure ◽  
Measurement Tool ◽  
Economic Value Added ◽  
Total Process ◽  
Potential Benefits ◽  
Traditional Performance ◽  
Selection Of

Performance measurement matters in today’s complex business arena irrespective of the type, nature, and volume diversity in business. If the result of the performance measurement goes wrong due to the faulty or inaccurate selection of tool(s), then the total process will prove wrong in due time hence an attempt to evaluate Economic Value Added (EVA) as an alternative to traditional performance measure. Generally, it is believed that EVA is truly designed for large companies and is the best performance measure. The possible advantages, opportunities and limitations of using EVA as a performance measurement tool is discussed that may encourage the users/readers to incorporate EVA with their current setup to reap the potential benefits from it.

scholarly journals Corporate Performance Measurement Tool via Economic Value Added

2021 ◽  
Vol 8 (3) ◽  
pp. 60-65
Author(s):  
S B Sathiya Moorthi
Keyword(s):  
Performance Measurement ◽  
Corporate Performance ◽  
Economic Value ◽  
Value Added ◽  
Measurement Tool ◽  
Economic Value Added ◽  
Field Independent ◽  
To Receive

Execution estimation matters in the present complicated business field independent of the sort, nature, and volume variety in business. On the off chance that the consequence of the exhibition estimation turns out badly because of the broken or erroneous determination of tool(s), at that point, the all-out cycle will refute in due time henceforth an endeavor to assess Economic Value Added (EVA) as an option in contrast to conventional execution measure. For the most part, it is accepted that EVA is intended for giant organizations and is the best exhibition measure. The potential favorable circumstances, openings and constraints of utilizing EVA as an exhibition estimation instrument are examined to energize the clients/perusers to consolidate EVA with their present arrangement to receive the likely rewards from it.

Briggs & Stratton, Inc.

2017 ◽  
pp. 1-17
Author(s):  
Kenneth M. Eades ◽  
Martson Gould ◽  
Jennifer Hill
Keyword(s):  
Performance Evaluation ◽  
Performance Measurement ◽  
Student Learning ◽  
Economic Value ◽  
Value Added ◽  
Strategic Plan ◽  
Economic Value Added ◽  
Comprehensive Strategy ◽  
Enhance Student Learning

The student's task is to develop a comprehensive strategy for Briggs & Stratton, which is facing severe competition and margin pressures. A major component of the strategy to be considered is whether to implement economic value added (EVA) as a new performance measurement for management. The case is designed to serve as an introduction to how to compute and use EVA. It emphasizes the importance of performance evaluation as part of a larger strategic plan. A teaching note is available to registered faculty, as well as two video supplements to enhance student learning.

scholarly journals Relationship between audit committee characteristics, external auditors and economic value added (EVA) of public listed firms in Malaysia

2014 ◽  
Vol 12 (1) ◽  
pp. 899-910 ◽  
Author(s):  
Abdullah Al-Mamun ◽  
Qaiser Rafique Yasser ◽  
Md. Ashikur Rahman ◽  
Ananda Wickramasinghe ◽  
Thurai Murugan Nathan
Keyword(s):  
Firm Performance ◽  
Audit Committee ◽  
Audit Quality ◽  
Negative Impact ◽  
Economic Value ◽  
Value Added ◽  
Measurement Tool ◽  
Corporate Leaders ◽  
Listed Firms ◽  
Code Of Corporate Governance

Malaysia is a developing economy which is one of the corporate leaders in South East Asian countries. Practicing audit committee is mandatory for public listed firms in Malaysia according to Bursa Malaysia Listing Requirements as well Malaysian Code of Corporate Governance. The purpose of this paper is to examine the association between audit committee characteristics and firm performance among public listed firms in Malaysia. This study employed EVA as performance measurement tool. The sample is 75 firm year observations and covers fiscal years 2008-2010. The study found that audit committee independence is positively associated with firm performance while audit quality is negatively associated in Malaysia. Overall, audit committee characteristics have a positive effect on firm performance. This study contributes to the literature as well as in empirical evidence on audit committee characteristics and firm audit quality. The results suggest that Big 4 firms have a negative impact on value based measure in Malaysia.

scholarly journals Shareholder Value Creation: An Empirical Analysis of Indian Banking Sector

2017 ◽  
Vol 6 (1) ◽  
pp. 148 ◽  
Author(s):  
Chitra Gunshekhar Gounder ◽  
M. Venkateshwarlu
Keyword(s):  
Significant Relationship ◽  
Banking Sector ◽  
Shareholder Value ◽  
Economic Value ◽  
Value Added ◽  
Management Decision ◽  
Measurement Tool ◽  
Economic Value Added ◽  
Value Maximization ◽  
Indian Banks

This study investigates the importance of economic value added for the shareholders’ value maximization. Economic value added (EVA) is a value based performance measurement tool that helps to settle down the management decision regarding creation of   shareholders value. Very few literatures are found regarding creation of shareholder values in banks. Sample of 40 Indian commercial listed Banks and panel data are used for the period of 2001 to 2015, the empirical findings for Public limited banks and overall Indian banks revealed that there is a positive and significant relationship between shareholder’s value maximization and EVA but in case of Private limited banks, DPS was found to have significant relationship with shareholder value. The Higher the value of  EVA, higher  shareholders value .The finding shows significant support for EVA and DPS, but it was found that EVA is  not efficiently used for Analysis and decision making regarding creation of value. Thus it is suggested to focus on criteria of EVA for analyzing shareholder’s value of banks. 

scholarly journals Economic value added (eva) as a performance measurement for glcs vs non-glcs: evidence from bursa malaysia

2008 ◽  
Vol 17 (2) ◽  
pp. 168-179 ◽  
Author(s):  
Ismail Issham ◽  
Abdul Samad M Fazilah ◽  
Yen Siew Hwa ◽  
Anton Abdulbasah Kamil ◽  
Azli Azli Ayub ◽  
...  
Keyword(s):  
Performance Measurement ◽  
Economic Value ◽  
Value Added ◽  
Economic Value Added ◽  
A Performance

Pengaruh Pengungkapan Corporate Social Responsibility (CSR) Pada Nilai Perusahaan

2011 ◽  
Vol 3 (2) ◽  
pp. 1-19
Author(s):  
Chermian Eforis ◽  
Rosita Suryaningsih
Keyword(s):  
Corporate Social Responsibility ◽  
Annual Report ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Market Value Added ◽  
Csr Disclosure ◽  
Corporate Social ◽  
Simple Regression

This study aims to determine the influence of the level of CSR disclosure in annual report to corporate values that proxies with Economic Value Added (EVA) and Market Value Added (MVA).   The objects of this study are companies that were included in Kompas 100 Edition of the second review in 2010.The chosen model of this research is simple regression which can be defined as a model that used the normal probability plot  for data normality test, DurbinWatson test for autocorrelation, graph plots to test heteroscedasticity, and saw the value of tolerance and VIF for multicollinearity test. Hypothesis is analyzed using simple regression method  The results showed that the level of CSR disclosure contained in the annual report has a significant influence on the EVA. The same results were also found on the MVA, where the level of CSR disclosure contained in the annual report has a significant influence on the MVA. Key words: Corporate Social Responsibility, Economic Value Added, Market Value Added

KOMPARASI KINERJA KEUANGAN MELALUI PENDEKATAN ECONOMIC VALUE ADDED (EVA) PADA PERUSAHAAN TRANSPORTASI DI JAKARTA

2018 ◽  
Vol 3 ◽  
pp. 223-232
Author(s):  
Dwi Urip Wardoyo
Keyword(s):  
Financial Performance ◽  
Service Industry ◽  
Economic Value ◽  
Value Added ◽  
Added Value ◽  
Economic Value Added ◽  
Test Analysis ◽  
Transportation Service ◽  
Income Statement

This study aims to compare financial performance through profitability generated by two market participants in the witness transportation service industry in Jakarta, namely PT. BB compared to PT. ETU, this assessment is measured not limited to the profit generated but more than that by measuring financial added value through the concept of Eonomic Value Added produced by the two companies. The population in this study were all taxi transportation service companies in Jakarta. The sampling method selected two taxi companies that have the largest market share in DKI Jakarta, namely BB Taxi and ETU Taxi. The test analysis used in this study is ratio analysis through profit calculation and economic added value from the annual income statement. This study shows that there are (a) determination of the ratio of profit levels, (b) Determination of the comparison of economic value added of the two companies. Keywords :  Financial performance, Economic Value Added (EVA)

Sign in / Sign up

Export Citation Format

Share Document