Artikel
Economic value added or earnings: What explains market value in Indian firms?
The purpose of this paper is to empirically test the claim made by Stern Stewart & Company that economic value added is a better metric that traditional earning based measures in explaining market value. For better exposition, a sample of 325 Indian firms has been divided into two parts- 170 firms belonging to Indian manufacturing companies and 155 companies belonging to the Indian service sector. After performing univariate and multivariate regression analyses, the results of the study reveal that the operating income has a strong linkage with market value added in both manufacturing and service sectors. For both the sectors, the economic value added shows weaker but positive relationship with the market value added.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Future Business Journal ; ISSN: 2314-7210 ; Volume: 2 ; Year: 2016 ; Issue: 2 ; Pages: 152-166 ; Amsterdam: Elsevier
- Klassifikation
-
Management
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Altaf, Nufazil
- Ereignis
-
Veröffentlichung
- (wer)
-
Elsevier
- (wo)
-
Amsterdam
- (wann)
-
2016
- DOI
-
doi:10.1016/j.fbj.2016.11.001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Altaf, Nufazil
- Elsevier
Entstanden
- 2016
Ähnliche Objekte (12)
Added-Value Surfactants
Added value by software
Modelling for added value
Effect of earnings management on economic value added: A cross-country study
The added value of multi-value qualitative comparative analysis
Polen, Einfuhrumsatzsteuer : (Value Added Tax)
Networks of value added trade
Does the market value value-added? Evidence from housing prices after a public release of school and teacher value-added
Investitionssteuerung, Periodenerfolgsrechnung und economic value added
Economic value added: Darstellung und Kritik
Comment: What’s the Added Value?
Added value tax: New export boom?
Added-Value Surfactants
Added value by software
Modelling for added value
Effect of earnings management on economic value added: A cross-country study
The added value of multi-value qualitative comparative analysis
Polen, Einfuhrumsatzsteuer : (Value Added Tax)
Networks of value added trade
Does the market value value-added? Evidence from housing prices after a public release of school and teacher value-added
Investitionssteuerung, Periodenerfolgsrechnung und economic value added
Economic value added: Darstellung und Kritik
Comment: What’s the Added Value?
Added value tax: New export boom?
Added-Value Surfactants
Added value by software
Modelling for added value
Effect of earnings management on economic value added: A cross-country study
The added value of multi-value qualitative comparative analysis
Polen, Einfuhrumsatzsteuer : (Value Added Tax)
Networks of value added trade
Does the market value value-added? Evidence from housing prices after a public release of school and teacher value-added
Investitionssteuerung, Periodenerfolgsrechnung und economic value added
Economic value added: Darstellung und Kritik
Comment: What’s the Added Value?