de Wet, J.H.; Hall, J.H. - In: Meditari Accountancy Research 12 (2004) 1, pp. 39-59
It is generally believed that in order to maximise value for shareholders, companies should strive towards maximising MVA (and not necessarily their total market value). The best way to do so is to maximise the EVA, which reflects an organisation’s ability to earn returns above the cost of...
