Financial Analysis Through Eva, Mva And Traditional Measures: A Study On Select Cement Companies In India

Rajesh, Mamilla; Ramana Reddy, N. R. V.; Rajesh, Mamilla; Ramana Reddy, N. R. V.

ISBN 10: 3659246530 / ISBN 13: 9783659246531

Published by Lap Lambert Academic Publishing, 2012

About this Item

144 pages. 8.66x5.91x0.33 inches. In Stock.

Seller Inventory # 3659246530

Bibliographic Details

• Title: Financial Analysis Through Eva, Mva And Traditional Measures: A Study On Select Cement Companies In India
• Publisher: Lap Lambert Academic Publishing
• Publication Date: 2012
• Language: English
• ISBN 10: 3659246530
• ISBN 13: 9783659246531
• Binding: Paperback
• Condition: Brand New
• Weight: 0.26 kilograms

About this title

Synopsis

Traditional performance measures Return on Assets, Return On Capital Employed, Return on Net Worth, Earnings Per Share, etc., have been used as the most important measure of shareholder value creation. But in the recent years, value added measures Economic Value Added (EVA) and Market Value Added (MVA), which measure performance in terms of change in value have received a lot of attention. The reason behind this is that the financial performance of a business organization is measured from the shareholders’ value point of view. Value added represents the wealth created by an enterprise during a specified period. No companies can survive and grow, if it fails to generate value to its shareholders. In this study an attempt is made to examine the financial performance of traditional measures and modern measures. According to our study, it is revealed that Economic Value Added (EVA) is having more explanatory power in driving shareholder value and it is the most significant variable for explaining Stock Market Return.

About the Author

Dr.Mamilla Rajesh,MBA,PhD,doing as Asso.Professor in AITS(Autonomous),Rajampet,Kadapa(D),A.P,India.Published research papers 10 in International and 2 in national journals.Selected as best Faculty from Toast Master’s International-Bangalore,A member of IACSIT-Singapore.Acts as Research Paper Reviewer for various reputed international journals.