Economic Value Added as a Measurement Tool of Capital Structure Effectiveness at the Power-Producing Enterprises

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F16%3A00108704" target="_blank" >RIV/00216224:14560/16:00108704 - isvavai.cz</a>
Alternative codes found
RIV/00216224:14560/17:00096247
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Economic Value Added as a Measurement Tool of Capital Structure Effectiveness at the Power-Producing Enterprises
Original language description
This paper contributes to the investigation of Economic Value Added (EVA) measurement process and approaches of its calculation as an assessing tool of Capital Structure effectiveness. The main objects included into author’s investigation are power-producing enterprises of Ukraine and Czech Republic listed on a stock exchange market. The main aim of the research is to demonstrate the modified author’s approach to Economic Value Added calculation, which gives an opportunity to adjust interpretation of results depending on used types of capital and desired units of measure. Thus, provided approach directed on improving capital structure effectiveness at the power-producing enterprises as a part of a capital-intensive branch. Introduced approach derives from standard method or evaluation and split capital into its two constituent parts that give the advantage to measure the effectiveness of Debt and Equity separately. Moreover, author’s approach reduce the complexity of investigation due to modification of standard decomposed formula of Economic Value Added. Therefore, enterprises can easily calculate the effectiveness of committed capital and its structure using EVA measurement tool in their activities.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings from 8th International Scientific Conference Managing and Modelling of Financial Risks 2016
ISBN
9788024839943
ISSN
2464-6970
e-ISSN
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Number of pages
9
Pages from-to
572-580
Publisher name
VSB-TU OSTRAVA
Place of publication
Ostrava
Event location
Ostrava
Event date
Jan 1, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000495792700073

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