| Popis: |
The search for measures or criteria to determine the economic and financial performance of a company is ever present in the scientific and professional realm. In recent years there has been, in our opinion, a new element introduced into the equation which is the desire of the giant international consulting firms to market their products. In many cases they design products which are little more than a return to fundamentals. In this paper we will analyse one of these measures, the EVA or Economic Value Added. We will compare it with Net Present Value and examine the breakeven point in both measures, moreover, we will propose and develop a new measure, the Financial Value Added, which attempts to reflect the virtues of EVA while aiming for a perfect alignment of outcomes with the Net Present Value. |
