Economic Value Added (EVA) & Executive Compensation: In Theory and In Practice

Malhotra, Puneet (2008) Economic Value Added (EVA) & Executive Compensation: In Theory and In Practice. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

This dissertation discusses about Economic value added with a little prominence to executive compensation which is detailed theoretically with a little emphasis on the success of EVA via case studies. Economic Value Added (EVA) got ample attention in recent years as a new type of performance measurement. Al Erhbar (The Real key to creating Wealth) states that EVA can offer a market aggressive improvement over the competitors. Moreover, EVA is today's hottest financial inspiration and is getting hotter day-by-day. Corporations are taking action to execute this initiative EVA to estimate and reward managers from all departments.

The financial measures such as EVA is aware of this initiator; a company desires to embrace its people accountable for generating profits; though the jeopardy of exaggerating short-run profit wishes to be balanced by including the non-financial drivers of long-term financial wealth into the performance measurement and rewards system. The calculation for EVA with adjustments for contemporary accounting practice is the center for a better consideration of EVA. The success of EVA is flaunted for corporations that have implemented EVA with executive compensation an important part of EVA. At last, few case studies of the implementation process that took place at three companies adopting EVA will give an in-depth understanding of Economic value Added and executive incentive compensation.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 09 Jan 2009
Last Modified: 30 Jan 2018 23:24
URI: https://eprints.nottingham.ac.uk/id/eprint/22012

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