Problematic aspects of the economic value added measure in environment of the Czech Republic

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

Marcela Basovníková¹  Dana Martinovičová¹  Michaela Beranová¹ 

[1] Ústav podnikové ekonomiky, Mendelova univerzita v Brně, Zemědělská 1, 613 00 Brno, Česká republika;

关键词: accounting standards;    capital;    economic profit;    EVA;    operating profit;    WACC;   

DOI  :  10.11118/actaun201058060059

来源: DOAJ

【 摘 要 】

The EVA indicator has been constructed in the recent past as a reaction to requirements of the new economic environment. As the EVA indicator has been introduced by Stewart Stern & Co. in the early nineties, past two decades many economists have been discussing the pros and cons of EVA application as well as various adjustments needed to calculate some relevant result. A range of attitudes to the adjustments to accounting data towards economic data exist there. As the indicator of economic value added is considered to be a criterion of company’s real economic performance it is necessary to be very careful at applying encouraged adjustments. In this article, the authors compare and discuss these adjustments advised in order to reach some ideal number. Accounting differences of US GAAP, IFRS and Czech Accounting Standards are taken into consideration.

【 授权许可】

Unknown