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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| Format: | Thesis |
| Language: | English |
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2001
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| Online Access: | https://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf |
| _version_ | 1796899392207192064 |
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| author | Alias, Ahmad Zoolhelmi |
| author_facet | Alias, Ahmad Zoolhelmi |
| author_sort | Alias, Ahmad Zoolhelmi |
| collection | UITM |
| 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. |
| first_indexed | 2024-03-06T01:20:19Z |
| format | Thesis |
| id | uitm.eprints-172 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T01:20:19Z |
| publishDate | 2001 |
| record_format | dspace |
| spelling | uitm.eprints-1722022-04-04T03:56:24Z https://ir.uitm.edu.my/id/eprint/2172/ Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias 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 NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias. (2001) Masters thesis, thesis, Universiti Teknologi MARA. <http://terminalib.uitm.edu.my/2172.pdf> |
| spellingShingle | HC Economic History and Conditions Alias, Ahmad Zoolhelmi Effectiveness of EVA: a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias |
| title | 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_short | 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 |
| topic | HC Economic History and Conditions |
| url | https://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf |
| work_keys_str_mv | AT aliasahmadzoolhelmi effectivenessofevaacomparativestudyonindustrialproductcompaniesinmalaysiaahmadzoolhelmialias |