Machuga, Susan M; Pfeiffer Jr., Ray J; Verma, Kiran - In: Review of Quantitative Finance and Accounting 18 (2002) 1, pp. 59-73
Empirical research to date on the relative effectiveness of Economic Value Added (EVA) and earnings per share (EPS) as measures of firm performance for stock valuation has been mixed. In contrast to prior research, which primarily focuses on the correspondence of these measures with shareholder...