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)...

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Main Author: Alias, Ahmad Zoolhelmi
Format: Thesis
Language:English
Published: 2001
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/2172/
http://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf
id uitm-2172
recordtype eprints
spelling uitm-21722016-07-05T01:35:02Z http://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 http://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf Alias, Ahmad Zoolhelmi (2001) Effectiveness of EVA : a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias. Masters thesis, Universiti Teknologi MARA.
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic HC Economic History and Conditions
spellingShingle HC Economic History and Conditions
Alias, Ahmad Zoolhelmi
Effectiveness of EVA : a comparative study on industrial product companies in Malaysia / Ahmad Zoolhelmi Alias
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.
format Thesis
author Alias, Ahmad Zoolhelmi
author_facet Alias, Ahmad Zoolhelmi
author_sort Alias, Ahmad Zoolhelmi
title 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_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_sort effectiveness of eva : a comparative study on industrial product companies in malaysia / ahmad zoolhelmi alias
publishDate 2001
url http://ir.uitm.edu.my/id/eprint/2172/
http://ir.uitm.edu.my/id/eprint/2172/1/TM_AHMAD%20ZOOLHELMI%20ALIAS%20AC%2001_5%201.pdf
first_indexed 2023-09-18T22:46:26Z
last_indexed 2023-09-18T22:46:26Z
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