The Search for the Best Financial Performance Measure: Basics are Better

11 Pages Posted: 22 Jan 2018

See all articles by Robert Ferguson

Robert Ferguson

AnswersToGo

Dean Leistikow

Fordham University - Finance Area

Date Written: October 26, 1998

Abstract

Economic value added (EVA) is a well-known and widely used measure of operating performance. Bacidore, Boquist, Milbourn, and Thakor [1997] introduce a modified version of EVA called refined economic val-ue added (REVA). They claim that REVA is theoretically superior to EVA. Actually, EVA is theoretically superior to REVA.]

Keywords: EVA, REVA, financial analysis, investment analysis, corporate management

JEL Classification: G10,G11,G30,G32

Suggested Citation

Ferguson, Robert and Leistikow, Dean, The Search for the Best Financial Performance Measure: Basics are Better (October 26, 1998). Available at SSRN: https://ssrn.com/abstract=3101948 or http://dx.doi.org/10.2139/ssrn.3101948

Robert Ferguson

AnswersToGo ( email )

6815 Edgewater Drve
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Dean Leistikow (Contact Author)

Fordham University - Finance Area ( email )

33 West 60th Street
New York, NY 10023
United States

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