Cite this DOI
10.46243/jst.2021.v6.i04.pp465-470 · Comparative study of Economic Value Added: A case study on five Indian companies
APA (7th edition)
Singhal FCMA, D. R. K., & Rajendra Tawase, M. S. (2021). Comparative study of Economic Value Added: A case study on five Indian companies. *Journal of Science & Technology*, *06*(01), 465–470. https://doi.org/10.46243/jst.2021.v6.i04.pp465-470
⬇ text Italics are shown as *asterisks* in plain text — the journal or book title and the volume.
BibTeX
@article{singhalfcma2021comparative,
author = {Singhal FCMA, Dr. Roop Kishore and Rajendra Tawase, MR. Samadhan},
title = {{Comparative study of Economic Value Added: A case study on five Indian companies}},
journal = {Journal of Science \& Technology},
year = {2021},
month = {aug},
volume = {06},
number = {01},
pages = {465--470},
publisher = {Longman Publishers},
issn = {2456-5660},
doi = {10.46243/jst.2021.v6.i04.pp465-470},
url = {https://doi.org/10.46243/jst.2021.v6.i04.pp465-470},
language = {en},
abstract = {Economic value added (EVA) is one of financial performance assessment method. EVA defined as the difference between NOPAT and cost of capital (Young \& O’Byrne, 2001). The cost of capital is equal to the invested cost of capital (capital use) multiplied by the weighted average cost of capital (WACC). EVA is the residual income a company earns after capital costs are deducted. More specifically, it is operating profits minus the required dollar-amount return for the capital employed (Horne, 2002). EVA is not a new concept globally. It is based on residual concept that is calculated by deducting capital charges from the operating profits. One variation between EVA and residual income is to know how to work out on return and cost to get maximum return. Stern Stewart \&Co. introduced this system in 1982.The list of some of the companies using EVA are Coca-Cola, Eliy Lily Monsanto and others. Companies adopted EVA by number of ways the initial interest was introduced a few years ago by a magazine article about EVA. . Idea of EVA has been given by Stern Stewart \& Co, a New York based global financial consultant. Most of the companies consider the returns but not the entire cost they consider only the cost of debt and cost of preference shares. Management considers Equity as a cost free capital. In this situation shareholder returns are manipulative. Equity is a costly source of finance.}
}RIS (EndNote, Zotero, Mendeley)
TY - JOUR TI - Comparative study of Economic Value Added: A case study on five Indian companies AU - Singhal FCMA, Dr. Roop Kishore AU - Rajendra Tawase, MR. Samadhan JO - Journal of Science & Technology PY - 2021 DA - 2021/08/16/ VL - 06 IS - 01 SP - 465 EP - 470 PB - Longman Publishers SN - 2456-5660 LA - en AB - Economic value added (EVA) is one of financial performance assessment method. EVA defined as the difference between NOPAT and cost of capital (Young & O’Byrne, 2001). The cost of capital is equal to the invested cost of capital (capital use) multiplied by the weighted average cost of capital (WACC). EVA is the residual income a company earns after capital costs are deducted. More specifically, it is operating profits minus the required dollar-amount return for the capital employed (Horne, 2002). EVA is not a new concept globally. It is based on residual concept that is calculated by deducting capital charges from the operating profits. One variation between EVA and residual income is to know how to work out on return and cost to get maximum return. Stern Stewart &Co. introduced this system in 1982.The list of some of the companies using EVA are Coca-Cola, Eliy Lily Monsanto and others. Companies adopted EVA by number of ways the initial interest was introduced a few years ago by a magazine article about EVA. . Idea of EVA has been given by Stern Stewart & Co, a New York based global financial consultant. Most of the companies consider the returns but not the entire cost they consider only the cost of debt and cost of preference shares. Management considers Equity as a cost free capital. In this situation shareholder returns are manipulative. Equity is a costly source of finance. DO - 10.46243/jst.2021.v6.i04.pp465-470 UR - https://doi.org/10.46243/jst.2021.v6.i04.pp465-470 ER -
CSL-JSON
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} ⬇ .json What citeproc and reference managers read; the DOI system hands it out for Accept: application/vnd.citationstyles.csl+json, and so does this registry's resolver.
From the record as registered (version 2) — the record and its history. Programs: https://registry.smartscholars.in/api.php?action=cite&doi=10.46243%2Fjst.2021.v6.i04.pp465-470 gives all four in one JSON answer.
