Economic Value Added as a Dependence on the Corporate- and Market-life cycle

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F11%3APU92862" target="_blank" >RIV/00216305:26510/11:PU92862 - isvavai.cz</a>

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 Dependence on the Corporate- and Market-life cycle

Original language description

Economic value added (EVA) is an indicator, which is ever more used as the main financial goal. There are two methods how to calculate it. According to the original method, made by Stern&Stewart, is this indicator defined as the net operating profit after taxes reduced by the cost of capital. According to the second method, which is made and used by Czech Ministry of Industry and Trade, is the economic value added calculated as the difference between return on equity and the alternate cost of equity, that is composed of separate risk rewards, and this spread is consequently multiplied by the equity. Economic value added depends on many factors, whereas some of them are controllable by the company, while other are not. This article is focused on the relations between economic value added and the corporate- vs. market life cycle, because there is an assumption, that conditions to making EVA are changing depending up the actual phase of corporate- and market life cycle. In this research,

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2011

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Competitiveness

ISSN

1804-171X

e-ISSN

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Volume of the periodical

2/2011

Issue of the periodical within the volume

2

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

12

Pages from-to

71-82

UT code for WoS article

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EID of the result in the Scopus database

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