As authors of a previous study questioning the strength of the relationship between EVA and shareholder value, and in light of the arguments posed by Keefe and Roush, we revisit the relationship between EVA and shareholder return and reexamine the evidence and issues surrounding the use of EVA...

This study reviews the use and structure of commodity-linked credit instruments. It is argued that in the absence of contingent markets food firms face increasing financial risk-reduced investment, and limited access to debt markets. One strategy is to issue commodity-linked credit whose payment...

This article examines the relationship between economic value added (EVA) and the stock market performance of 17 publicly traded companies in the Canadian food processing sector. The research is motivated by the increased popularity of EVA in corporate finance and by the claims that high EVA...