Economic Value Added versus traditional performance measures by 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%2F08%3A00141688" target="_blank" >RIV/62156489:43310/08:00141688 - 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 versus traditional performance measures by food-processing firms in the Czech Republic

Original language description

This paper is devoted to today's very popular performance measure - Economic Value Added (EVA). The aim of this article is to investigate the relationship between Economic Value Added, traditional performance measures (Return on Assets ROA and Return onEquity ROE) and their ability to measure the creation of shareholder wealth of food-processing firms in the Czech Republic. The intent of this article is fulfilled by providing a simple regression tests of the hypothesis, that between EVA and traditionalperformance metrics there is not a tight linear dependency which would point out that EVA has the same information content as traditional performance measures and hypothesis, that the EVA measure is more associated with improved shareholder wealth thantraditional performance measures. The results of regression analysis indicate in all cases a positive correspondence between EVA and financial performance metrics and show higher quality information content of EVA indicator in the relatio

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

AH - Economics

OECD FORD branch

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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

2008

Confidentiality

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

Name of the periodical

International Food and Agribusiness Management Review

ISSN

1559-2448

e-ISSN

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Volume of the periodical

11

Issue of the periodical within the volume

4

Country of publishing house

GB - UNITED KINGDOM

Number of pages

17

Pages from-to

1-17

UT code for WoS article

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EID of the result in the Scopus database

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