EVIDENCE ON EVA
EVA has attracted considerable attention as an alternative to traditional accounting earnings for use in both valuation and incentive compensation. With a host of consultants now marketing related metrics, numerous claims have been made-most based on anecdotal evidence or in-house studies. This paper summarizes the authors' independent evidence regarding EVA's alleged advantages. 1999 Morgan Stanley.
| Year of publication: |
1999
|
|---|---|
| Authors: | Biddle, Gary C. ; Bowen, Robert M. ; Wallace, James S. |
| Published in: |
Journal of Applied Corporate Finance. - Morgan Stanley, ISSN 1078-1196. - Vol. 12.1999, 2, p. 69-79
|
| Publisher: |
Morgan Stanley |
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