Abstract

EVA -MVA criteria : relevance, limits and perverted effects The author explains equivalence terms between the VAN, the MVA and the EVA. The practice of profits’ maximisation with the VAN criteria on several years squares exactly with the maximisation of wealth’s shareholders and is the actual value of future EVA. The author disproves the double enrichment of shareholders when the EVA is positive. JEL classifications : G32, G34

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call