The measure of the economic value has become a widely debated issue because, nowadays, more and more companies are focusing on creating value for their shareholders.

Modern society require to managers of the organizations to use both technology and knowledge to take necessary decisions in order to ensure the performance and long-term sustainability of the organization. Accounting information provided by financial statements is one of the most decisive...

The new own funds adequacy device, officialy named “ International Convergence of Capital Measurement and Capital Standards”, describes the most important benchmark framework for micro-prudential supervision at the moment. The publication of the final text in June 2004, after five years of...