THE COMPARISON BETWEEN MARKET VALUE ADDED (MVA) AND ECONOMIC VALUE ADDED (EVA) WITH THE ACCOUNTING STANDARDS IN TEHRAN STOCK EXCHANGE (TSE)

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

HEJAZI R.; HOSSEYNI A.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: ECONOMIC RESEARCH REVIEW Year:2007 | Volume:6 | Issue:4 (23) Page(s): 237-262

Download Full-Text

Persian Verion

View:

2,585

Download:

Cites:

Information Journal Paper

Title

THE COMPARISON BETWEEN MARKET VALUE ADDED (MVA) AND ECONOMIC VALUE ADDED (EVA) WITH THE ACCOUNTING STANDARDS IN TEHRAN STOCK EXCHANGE (TSE)

Author(s)

HEJAZI R. | HOSSEYNI A. | Issue Writer Certificate

Keywords

Not Registered.

Abstract

Maximizing shareholder’s wealth is the goal of a business enterprise.Today economic value added (EVA) is known as the best performance evaluative measure which is a measure for shareholder’s wealth increase.This measure has the greatest influence on the external measure of performance market value added (MVA). This research investigates the relation between these two measures in Tehran’s stock exchange in medium size from 1996 to 2003. 70 companies are selected from 13 different industries as investigation samples.The results show that the most correlation is between the standardized MVA and standardized EVA. This research shows that %61 of changes in standardized MVA can be explained by changes in standardized EVA .But the explanatory power of the criteria of ROE, ROl and EPS growth is %45, %43 and %6 respectively. Hence EVA is the best measure for evaluating the internal performance and has the most correlation with the market values.

Cites

References

Cite

APA: Copy

HEJAZI, R., & HOSSEYNI, A.. (2007). THE COMPARISON BETWEEN MARKET VALUE ADDED (MVA) AND ECONOMIC VALUE ADDED (EVA) WITH THE ACCOUNTING STANDARDS IN TEHRAN STOCK EXCHANGE (TSE). ECONOMIC RESEARCH REVIEW, 6(4 (23)), 237-262. SID. https://sid.ir/paper/67270/en

Vancouver: Copy

HEJAZI R., HOSSEYNI A.. THE COMPARISON BETWEEN MARKET VALUE ADDED (MVA) AND ECONOMIC VALUE ADDED (EVA) WITH THE ACCOUNTING STANDARDS IN TEHRAN STOCK EXCHANGE (TSE). ECONOMIC RESEARCH REVIEW[Internet]. 2007;6(4 (23)):237-262. Available from: https://sid.ir/paper/67270/en

IEEE: Copy

R. HEJAZI, and A. HOSSEYNI, “THE COMPARISON BETWEEN MARKET VALUE ADDED (MVA) AND ECONOMIC VALUE ADDED (EVA) WITH THE ACCOUNTING STANDARDS IN TEHRAN STOCK EXCHANGE (TSE),” ECONOMIC RESEARCH REVIEW, vol. 6, no. 4 (23), pp. 237–262, 2007, [Online]. Available: https://sid.ir/paper/67270/en

Related Journal Papers