Matches in SemOpenAlex for { <https://semopenalex.org/work/W2187415799> ?p ?o ?g. }
Showing items 1 to 89 of
89
with 100 items per page.
- W2187415799 abstract "This study investigates the EVA distortion by inflation. It is argued that the Economic Value Added (EVA) can represent a reliable measure of firm performance. However, inflation distorts EVA and potentially results in inefficient investment and compensation outcomes. In this study, we investigate the relative ability of the adjusted EVA and nominal EVA to summarize firm performance as reflected in stock returns, stock prices, and operating cash flows. Following Warr (2005) using an inflationcorrected EVA metric, we measure the sensitivity of EVA to the inflation for a sample of companies listed in Tehran Stock Exchange operating in an economic environment with a high two-digit rate of inflation. The results do not show that adjusted EVA is superior to nominal EVA for firm performance evaluation on the basis of stock price. Except for Cement, Metals and Metal products, and Pharmaceutical and Chemical industrial groups we found no evidence that adjusted EVA is superior to nominal EVA for firm performance evaluation on the basis of stock price. Also, except for Metals and Metal products industrial group level, the results do not show that adjusted EVA is superior to nominal EVA for evaluating of firm performance on the basis of operating cash flows. Collectively, our results are ambiguous and do not provide strong evidence that show superiority of the adjusted EVA to the nominal EVA for evaluating of firm performance." @default.
- W2187415799 created "2016-06-24" @default.
- W2187415799 creator A5039516377 @default.
- W2187415799 creator A5057428775 @default.
- W2187415799 date "2008-01-01" @default.
- W2187415799 modified "2023-09-24" @default.
- W2187415799 title "AN INVESTIGATION OF EVA DISTORTION BY INFLATION" @default.
- W2187415799 cites W1541466542 @default.
- W2187415799 cites W1830719945 @default.
- W2187415799 cites W1978206521 @default.
- W2187415799 cites W1978433181 @default.
- W2187415799 cites W2007526803 @default.
- W2187415799 cites W2025352909 @default.
- W2187415799 cites W2078791158 @default.
- W2187415799 cites W2110155273 @default.
- W2187415799 cites W2119768149 @default.
- W2187415799 cites W2133049119 @default.
- W2187415799 cites W2170694901 @default.
- W2187415799 cites W2296883590 @default.
- W2187415799 cites W2312698318 @default.
- W2187415799 cites W3122695070 @default.
- W2187415799 cites W3124503851 @default.
- W2187415799 cites W3125827743 @default.
- W2187415799 hasPublicationYear "2008" @default.
- W2187415799 type Work @default.
- W2187415799 sameAs 2187415799 @default.
- W2187415799 citedByCount "0" @default.
- W2187415799 crossrefType "journal-article" @default.
- W2187415799 hasAuthorship W2187415799A5039516377 @default.
- W2187415799 hasAuthorship W2187415799A5057428775 @default.
- W2187415799 hasConcept C10138342 @default.
- W2187415799 hasConcept C121332964 @default.
- W2187415799 hasConcept C127413603 @default.
- W2187415799 hasConcept C139719470 @default.
- W2187415799 hasConcept C149782125 @default.
- W2187415799 hasConcept C162324750 @default.
- W2187415799 hasConcept C175444787 @default.
- W2187415799 hasConcept C181622380 @default.
- W2187415799 hasConcept C200870193 @default.
- W2187415799 hasConcept C200941418 @default.
- W2187415799 hasConcept C204036174 @default.
- W2187415799 hasConcept C25070020 @default.
- W2187415799 hasConcept C2778083465 @default.
- W2187415799 hasConcept C33332235 @default.
- W2187415799 hasConcept C556758197 @default.
- W2187415799 hasConcept C78519656 @default.
- W2187415799 hasConceptScore W2187415799C10138342 @default.
- W2187415799 hasConceptScore W2187415799C121332964 @default.
- W2187415799 hasConceptScore W2187415799C127413603 @default.
- W2187415799 hasConceptScore W2187415799C139719470 @default.
- W2187415799 hasConceptScore W2187415799C149782125 @default.
- W2187415799 hasConceptScore W2187415799C162324750 @default.
- W2187415799 hasConceptScore W2187415799C175444787 @default.
- W2187415799 hasConceptScore W2187415799C181622380 @default.
- W2187415799 hasConceptScore W2187415799C200870193 @default.
- W2187415799 hasConceptScore W2187415799C200941418 @default.
- W2187415799 hasConceptScore W2187415799C204036174 @default.
- W2187415799 hasConceptScore W2187415799C25070020 @default.
- W2187415799 hasConceptScore W2187415799C2778083465 @default.
- W2187415799 hasConceptScore W2187415799C33332235 @default.
- W2187415799 hasConceptScore W2187415799C556758197 @default.
- W2187415799 hasConceptScore W2187415799C78519656 @default.
- W2187415799 hasLocation W21874157991 @default.
- W2187415799 hasOpenAccess W2187415799 @default.
- W2187415799 hasPrimaryLocation W21874157991 @default.
- W2187415799 hasRelatedWork W1160843478 @default.
- W2187415799 hasRelatedWork W1568406366 @default.
- W2187415799 hasRelatedWork W2002281413 @default.
- W2187415799 hasRelatedWork W2022805737 @default.
- W2187415799 hasRelatedWork W2060562610 @default.
- W2187415799 hasRelatedWork W2077751865 @default.
- W2187415799 hasRelatedWork W2081794971 @default.
- W2187415799 hasRelatedWork W2082010854 @default.
- W2187415799 hasRelatedWork W2105525336 @default.
- W2187415799 hasRelatedWork W2119768149 @default.
- W2187415799 hasRelatedWork W2128923206 @default.
- W2187415799 hasRelatedWork W2139335228 @default.
- W2187415799 hasRelatedWork W2186182904 @default.
- W2187415799 hasRelatedWork W2271445850 @default.
- W2187415799 hasRelatedWork W23624809 @default.
- W2187415799 hasRelatedWork W2737472749 @default.
- W2187415799 hasRelatedWork W2766893852 @default.
- W2187415799 hasRelatedWork W916848826 @default.
- W2187415799 hasRelatedWork W2185568550 @default.
- W2187415799 hasRelatedWork W2185670878 @default.
- W2187415799 isParatext "false" @default.
- W2187415799 isRetracted "false" @default.
- W2187415799 magId "2187415799" @default.
- W2187415799 workType "article" @default.