Metrics

  • citations in SCIndeks: [1]
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:10
  • full-text downloads in 30 days:1

Contents

article: 8 from 14  
Back back to result list
2010, vol. 38, iss. 4, pp. 113-130
Using economic value added and market value added for choosing projects
University of Novi Sad, Faculty of Economy, Subotica

emailjakovklara@eccf.su.ac.rs
Keywords: economic value added; added market value; project; costs of capital
Abstract
The work presents the measurement and presentation of projects results using modern methods - economic value added and market value added. New methods of evaluating the economic success included in the analysis, except for income and expenses, and cost of capital in a broader sense (interest expense + dividends), which differentiate them in relation to traditional methods of analysis. New evaluation methods assume that the main goal of functioning enterprises is value creation for owners (shareholders).
References
Abrams, J.B. (2005) How to value your business and increase its potential. New York: The McGraw-Hill Companies, Inc
Brealey, R.A., Myers, S.C. (2003) Principles of corporate finance. New York: McGraw-Hill
Brigham, E.F., Daves, R.F. (2004) Intermeditate financial management. Tomson South-Western
Cagle, L., Smythe, J.T., Fulmer, J. (2003) Implementing EVA: One companys story. Journal of Corporate Accounting and Finance, 14(3), 65-70
Damodaran, A. (2001) Investment valuation: Tools and techniques for determining the value of any asset. New York, itd: Wiley
Ehrbar, A. (1998) EVA: The real key to creating wealth. New York: John Wiley and Sons, Inc
Fernandez, P. (2001) EVA and Cash value added do not measure shareholder value creation. Working paper, SSRN.com
Grant, J.L. (2003) Foundations of economic value added. New York: John Wiley & Sons
Griffith, J.M. (2004) The true value of EVA. Journal of Applied Finance, Fall/Winter, 25-29
Jakovčević, K. (2006) Ekonomika preduzeća ekonomska efikasnost angažovanja kapitala u reprodukciji. Subotica: Ekonomski fakultet
Jakovčević, K. (2000) Struktura i vrednovanje kapitala. Subotica: Ekonomski fakultet
Jakovčević, K. (2008) Upravljanje troškovima. Subotica: Ekonomski fakultet
Jakovčević, K., Mihajlović, D. (2002) Granični troškovi kapitala pri ocenjivanju efikasnosti projekata. in: VI internacionalni simpozijum iz project managementa, Zlatibor, Zbornik radova, YUPMA
Souza, J.G.C., Jancso, P. (2002) Does it pay to implement a full scale Eva management system? Evidence from Brazilian companies. SSRN, Working paper
Stern, S. (2010) The EVA company, about EVA. Retrieved 3. 12., from Stern Stewart & Co.: http://www.sternstewart.com
Stewart, B.G. (1991) The quest for value: The EVA management guide. London-New York: Harper Collins
Wet, J. (2005) EVA versus traditional accounting measures of performance as drivers of shareholder value: A comparative analysis. Meditari Accountancy Research, vol. 13, br. 2, str. 1-16
Young, D.S., O'Byrne, S.F. (2001) EVA and value-based management: A practical guide to implementation. New York: McGraw-Hill
 

About

article language: Serbian
document type: Original Scientific Paper
published in SCIndeks: 15/03/2011

Related records

Anali Ekon fak Subotica (2010)
Enterprise evaluation according to contemporary methods
Jakovčević Klara, et al.

Strategic Management (2009)
The EVA method: Contemporary concept of business performance measuring
Dmitrović-Šaponja Ljiljana, et al.

Industrija (2011)
Ocena ekonomičnosti poslovanja industrijskih preduzeća
Jakovčević Klara, et al.

show all [56]