Economic Value Added (EVA): The Company Performance Predictor

A tool which could help in explaining a company’s performance in terms of quantitative factor is very much needed. Over the last few years, many believe that traditional tools such as accounting earnings have provided useful information in predicting company performance. Economic Value Added (EVA) has recently amazed much attention as a tool that takes into consideration many factors such as economy, accounting and market information in its assessment consideration. This book dedicated to reveal the relationship between EVA and the company performance. It also sought to explain the ability of EVA, compared to traditional tool, in measuring performance under various economic conditions; pre-economic crisis, during economic crisis and post-economic crisis period. The findings of the study is useful to assist finance expert in utilizing new tool in predicting company performance or anyone else who need to know EVA better.