A sample of thirty listed Australian gold producers is used to compare the financial perfor Mance measures provided by accountingâ€based financial ratios, and production perfor Mance as measured by efficiency indices. The results indicate that simple ratios are unlikely to provide efficiency...

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...