Heidorn, Thomas; Klein, Hans-Dieter; Siebrecht, Frank - Frankfurt School of Finance & Management - 2000
This paper shows that Economic Value Added (EVA) can be used to optimize theperformance of european share investements. Investing in the top third relative EVAperformers, leads to a significant outperformance. This is true for market and sektorinvestments. The best results were found for growth...