Economic Value Added: A Conceptual Framework
Keywords:
Shareholder Value, Value based measures, EVAAbstract
The usefulness of traditional accountin!_J measure, such as earnings per share (EPSJ, return on assets _ROA) and return on equity (ROE), and their effect on shareholder (market) value, has been discussed :or some time. Since the 1990s, strong arguments have been raised in favour of economic value added
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