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This paper discusses economic value added (EVA), which is a performance measure developed by Stern Stewart & Co to measure the true economic profit produced by a company. It describes the formula for EVA and provides an example of how it would be calculated. The paper then describes the uses and advantages of using EVA for a business.
Sample of Sources Used:
- Chang, Pao-Long and Chien, Chen-Fu. "Managing Technologies to Enhance and Enrich Services in High-Tech Industry." Research-Technology Management. Mar.-Apr. 2004. (Services and Management. Vol. 4. Nos. 4-6, 2003: 209)
- Coleman, B. Jay. "Evaluating Internal Operations and Supply Chain Performance using EVA and ABC." SAM Advanced Management Journal. Spring, 2005: 95-97.
- "Enerwise Offers New Technology to Measure Energy." Real Estate Weekly. August 114, 2002.
- Goss, Ernest. "The Internet's Contribution to U.S. Productivity Growth: Putting Some Rigor Into the Estimates. Business Economics. Oct. 2004: 51.
- Gottlieb, Mark. "Continental Drifter - Two Bites To the Dollar." Industry Week. Nov. 2, 2005: 20.
Cite this Term Paper:
EVA (2007, June 19) Retrieved December 14, 2019, from https://www.academon.com/term-paper/eva-96019/
"EVA" 19 June 2007. Web. 14 December. 2019. <https://www.academon.com/term-paper/eva-96019/>