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This paper investigates the influence of the economic value added (EVA) performance evaluation, issued in 2010 by the … central state-owned enterprises (CSOEs). We find that EVA performance evaluation has some influence on the overinvestment of … overinvestment restraint. The value of cash holdings increases more for companies with better accounting performance. Thus, the EVA …
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), Return on Capital Employed (ROCE) and Earnings per Share (EPS), EVA is a new measure available to the corporate managers. The … EVA framework developed by Stern Stewart & Company is gradually replacing the traditional measures of financial … performance of selected Indian companies by using EVA and other conventional measures. An attempt has been made to analyze the …
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