Shen, Yongjian; Zou, Lei; Chen, Donghua - In: China journal of accounting research : CJAR 8 (2015) 3, pp. 213-241
This paper investigates the influence of the economic value added (EVA) performance evaluation, issued in 2010 by the State-owned Assets Supervision and Administration Commission of the State Council, on the value of the cash holdings of central state-owned enterprises (CSOEs). We find that EVA...