In this study, pooled time-series, cross-sectional data on 110 Australian companies over the period 1992-1998 is employed to examine whether EVA® is more highly associated with stock returns than conventional accounting-based measures: namely, earnings before extraordinary items, net cash flow...

Recent research has shown that flexibility is an essential characteristic of successful enterprises in a highly competitive and rapidly changing business environment. Management and accountants should not only understand flexibility but also be able to create flexible organisations and measure...

Focuses on financing tools and program models to support local economic development. Includes an overview of private capital markets and financing sources to understand capital market imperfections that constrain economic development; business accounting; financial statement analysis; federal...

The aim of this work is identifying and analysing the creation of economic value in an agroindustrial cooperative in the south of Minas Gerais, using the EVA® (Economic Value Added). In specific terms, we sought to analysing investment, financing of operational capital, and the financial...

While many hotel companies have participated in various green initiatives and adopted green policy, when it came to the real purchasing decision, their willingness was not matched by action. There could be many reasons for such inconsistency. Lack of consumer demand, increasing environmental...

Tyrimo objektas – ūkininko ūkio verslo vertė.Tyrimo tikslas – pasiūlyti ūkininko ūkio verslo vertės nustatymo metodiką, kuri padėtų nustatyti galutinį verslo vertės dydį.Tyrimo uždaviniai:• analizuojant mokslininkų darbuose pateiktus vertės apibrėžimus, išnagrinėti...

Risk management practices as described in many leading texts feel counterintuitive to many practitioners and are frequently ignored, despite their being evidently logical and potentially valuable. Such practices are often conceived as a remedial post-planning, audit activity. This paper proposes...

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 accounting-based...

A review of the findings of prior empirical research concerning hotel management contracts between owners and operators is undertaken. It is noted that management contracts have become increasingly commonplace in the international hotel sector and that gross revenue and gross operating profit...