Complete Reference on EVA in Indian Corporates
M, Muthumeenakshi / S, Amilan
Today's hottest financial idea and getting hotter" by FORTUNE magazine, Economic Value Added (EVA) is the hot topic of conversation among Financial analysts and Economist. EVA, a registered trademark of Stern Stewart & Co. is an estimate of a firm's economic profit- being the value created in excess of the minimum required rate of return of the company's investors. Having provided the meaning of the economic profit, it can be understood that a...