DO NEW PERFORMANCE MEASURES MEASURE UP? - Does EVA really predict stock performance? Not very well say these analysts who looked at the performance of 325 companies over a period of five years. They discovered that the residual cash flow method was more closely correlated to stock return than any other method
|Year of publication:||
|Authors:||Clinton, B.Douglas; Chen, Shimin|
Management accounting. - New York, NY, ISSN 0025-1690, ZDB-ID 2063414. - Vol. 80.1998, 4, p. 38-43
Crisis! When will the accountancy profession finally recognize the value of management accountants? It's ironic that other countries applaud our sophisticated capital markets and marvel at their stability yet beat us in that same marketplace, says this accounting educator. This critical situation, which affects corporations' ability to compete in the global marketplace, is due in part to the U.S. ...
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