Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias

Economic Value Added (EVA) was advocated by Stern Stewart and Co. in 1982. This study intended to identify any added value or added advantage in EVA compare to conventional methods such as percentage increase in net tangible assets, profit margin, return on assets (ROA) and return on equity (ROE) as...

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Bibliographic Details
Main Author:	Alias, Ahmad Zoolhelmi
Format:	Thesis
Language:	English
Published:	2001
Subjects:	HC Economic History and Conditions
Online Access:	https://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf
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id	my-uitm-ir.2172
record_format	uketd_dc
spelling	my-uitm-ir.21722022-04-04T03:56:24Z Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias 2001 Alias, Ahmad Zoolhelmi HC Economic History and Conditions Economic Value Added (EVA) was advocated by Stern Stewart and Co. in 1982. This study intended to identify any added value or added advantage in EVA compare to conventional methods such as percentage increase in net tangible assets, profit margin, return on assets (ROA) and return on equity (ROE) as a performance measurement. This study is conducted in Malaysian business environment, as results of the previous researches are mixed regarding the efficacy of EVA. A sample size of 78 companies from Industrial Product sector of KLSE main board had been selected. In analysis of performance ranking and correlation between stock return and financial parameters, the outcomes have proved that there is no added value or added advantage in EVA compared to conventional methods as a performance measurement. It is hoped that this study will give at least a basic idea of Economic Value Added and also explain correlation between financial parameters and stock return under Malaysian business environment. 2001 Thesis https://ir.uitm.edu.my/id/eprint/2172/ https://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf text en public masters Universiti Teknologi MARA Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	HC Economic History and Conditions
spellingShingle	HC Economic History and Conditions Alias, Ahmad Zoolhelmi Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias
description	Economic Value Added (EVA) was advocated by Stern Stewart and Co. in 1982. This study intended to identify any added value or added advantage in EVA compare to conventional methods such as percentage increase in net tangible assets, profit margin, return on assets (ROA) and return on equity (ROE) as a performance measurement. This study is conducted in Malaysian business environment, as results of the previous researches are mixed regarding the efficacy of EVA. A sample size of 78 companies from Industrial Product sector of KLSE main board had been selected. In analysis of performance ranking and correlation between stock return and financial parameters, the outcomes have proved that there is no added value or added advantage in EVA compared to conventional methods as a performance measurement. It is hoped that this study will give at least a basic idea of Economic Value Added and also explain correlation between financial parameters and stock return under Malaysian business environment.
format	Thesis
qualification_level	Master's degree
author	Alias, Ahmad Zoolhelmi
author_facet	Alias, Ahmad Zoolhelmi
author_sort	Alias, Ahmad Zoolhelmi
title	Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias
title_short	Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias
title_full	Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias
title_fullStr	Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias
title_full_unstemmed	Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias
title_sort	effectiveness of eva: a comparative study on industrial product companies in malaysia / ahmad zoolhelmi alias
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Accountancy
publishDate	2001
url	https://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf
_version_	1783733068704514048

Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias

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