Economic Value Added versus traditional performance measures by food-processing firms in the Czech Republic

Kód výsledku v 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>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Economic Value Added versus traditional performance measures by food-processing firms in the Czech Republic

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Economic Value Added versus traditional performance measures by food-processing firms in the Czech Republic

Popis výsledku anglicky

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

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GP402%2F06%2FP206" target="_blank" >GP402/06/P206: Výzkum možností a mezí využití ukazatele EVA ve finančním řízení potravinářských podniků ČR</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2008

Kód důvěrnosti údajů

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

Název periodika

International Food and Agribusiness Management Review

ISSN

1559-2448

e-ISSN

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Svazek periodika

11

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

17

Strana od-do

1-17

Kód UT WoS článku

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EID výsledku v databázi Scopus

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