Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to … whether the widely used class of Residual Income based performance measures - such as Economic Value Added (EVA) - is … economic circumstances and the self-selection of firms using EVA. Our findings indicate that EVA is a distorted performance …

Corporate financial performance measured in terms of accounting-based ratios has been viewed as inadequate as firms … need to incorporate financing risk-return into performance calculations. The focus of this article is a review of the main … performance measures by reviewing their differences as well as their similarities in terms of measurement, association with market …

Purpose - The purpose of this paper is to analyse the direct impacts on financial performance and the added value of … differences in the impacts on financial performance and added value of companies, through multivariate techniques. It contributes … to the literature on the family business, and its performance from an analytical framework that incorporates the theory …