ABOUT ECONOMIC VALUE ADDED, AGAIN. DID SOMETHING CHANGE?

VASIU Diana-Elena , Lucian Blaga University of Sibiu

Abstract:
While creation of value for listed companies became the main criteria by which shareholders evaluate performance, obtaining a negative Economic Value Added means that the company is losing shareholder’s money, even in the case of a positive accounting result. During 2006-2013, considering the crisis and post crisis effects, most companies listed on the Bucharest Stock Exchange, activating in industry and construction, obtain a negative value of Economic Value Added. The aim of this paper is to determine if the situation has improved, at least for the best performing companies, ranked in the Premium category listed on the Bucharest Stock Exchange.

Keywords: Economic Value Added, Bucharest Stock Exchange, Listed Companies

JEL Classification: G32, G01, G30

Volume: 69, Issue: 5

Pages: 160 - 170

Publication date: December, 2017

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/69514vasiu.pdf

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