The relationship between Economic Value Added, conventional performance measures and shareholder wealth creation of food-processing firms in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F07%3A00141690" target="_blank" >RIV/62156489:43310/07:00141690 - 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
The relationship between Economic Value Added, conventional performance measures and shareholder wealth creation of food-processing firms in the Czech Republic
Original language description
This paper is devoted to the possibilities of Economic Value Added index usage in the conditions of Czech food-processing industry and is trying to provide independent empirical evidence on the indicator's qualities. The EVA proponents attach to it a superiority compared to other common performance measures. The aim of this article is to investigate the relationship between Economic Value Added, traditional performance measures (ROA and ROE) and ability of creation of shareholder wealth for food-processing firms in the Czech Republic. The way of intended comparison is not dissimilar to the main world studies. A critical point of its application in the conditions of Czech economy is a lack of good quality information from capital market, which at the same time, serve as an exogenous criterion for assessing the quality of the examined measures in the mentioned studies. In the absence of quality capital market information, a criterion for assessing the information content of performance m
Czech name
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Czech description
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Project
<a href="/en/project/GP402%2F06%2FP206" target="_blank" >GP402/06/P206: Research of possibilities and limits of EVA ratio in financial management of businesses from food-processing sector</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2007
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
1st INFER Conference on Process Management and Controlling
ISBN
978-80-7318-556-5
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
1-9
Publisher name
Univerzita Tomáše Bati ve Zlíně
Place of publication
Zlín
Event location
Tomas Bata University in Zlín
Event date
Jan 1, 2007
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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