Worthington, Andrew C.; West, Tracey - In: Australian Journal of Management 29 (2004) 2, pp. 201-223
Pooled time-series, cross-sectional data on 110 Australian companies over the period 1992–1998 is employed to examine whether the trademarked variant of residual income known as economic value-added (EVA®) is more highly associated with stock returns than other commonly-used...