1Assistant Professor, Department of Management Studies, Pavender Bharathidasan College of Engineering and Technology, Trichy
2Assistant Professor, Department of Commerce and Management, St. Joseph's College of Commerce, Bangalore-25
3Assistant Professor, Department of Commerce and Management, St. Joseph's College of Commerce, Bangalore-2
Online published on 20 May, 2016.
Economic Value Added (EVA) is important because it is used as an indicator of how profitable corporation projects are and it therefore serves as an image of management performance. Stock price maximization is the most widely accepted objective of listed firms worldwide. The entire corporate decision-making framework revolves around this comprehensive framework. This study is expected to clarify the relationship between accounting and economic measures with share market value as a company's performance, and it could help to selected Sensex companies’ owners/managers in their making decision and increasing their performance. The variables chosen for the purpose of study like Economic Value Added (EVA), Earnings Per Share (EPS), Return on Equity (ROE), Return on Assets (ROA), Return on Sales (ROS) and Market Value Added (MVA). The results indicates that economic growth rate in India as increased due to inflation, causing companies to spend more to adjust the level of economic growth that occurred. So that the investors pay attention to know about other information are such as company profitability like (ROE and ROA), EPS, financial and non-financial factors.
Economic Value Added (EVA), Earnings Per Share (EPS), Return on Equity (ROE), Return on Assets (ROA) and Market Value Added (MVA)
