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 fir...
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| Format: | Article |
| Language: | English |
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SpringerOpen
2016-12-01
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| Series: | Future Business Journal |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2314721016300172 |