Modified-Tva Based Performance Evaluation

Mohanty, Pitabas

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Modified-Tva Based Performance Evaluation

IIMB Management Review, Vol. 18, No. 3, pp. 265-273, September 2006

11 Pages Posted: 24 Oct 2006

See all articles by Pitabas Mohanty

Pitabas Mohanty

XLRI Jamshedpur

Abstract

In this paper, we recommend an alternative performance measure based on the true value added (TVA) of a company. We explain our measure using three Indian companies that currently use EVA-based performance evaluation system. We show that our alternative measure can address most of the shortcomings of the traditional EVA-based performance measures.

Keywords: EVA, True Value Added

JEL Classification: G39, J33

Suggested Citation: Suggested Citation

Mohanty, Pitabas, Modified-Tva Based Performance Evaluation. IIMB Management Review, Vol. 18, No. 3, pp. 265-273, September 2006, Available at SSRN: https://ssrn.com/abstract=939711