Economic value added as a comprehensive indicator of the company's performance

Abstract

Evaluation of the effectiveness of the business entity has always had an important applied value, both for current activities and for the future of the company. The purpose of this study is to consider the indicator of economic value added as an integrated indicator of the evaluation of the company’s performance. The object of the study is the economic activity of the business entity. The subject of the study is value added as a comprehensive indicator of evaluating the effectiveness of economic activity. The result of the study is to consider the theoretical aspects of assessing the economic value added and assessing the economic value added of the real enterprise, as a comprehensive indicator of assessing the effectiveness of the enterprise. To implement the purpose of the study, the data of the economic entity, which has the status of a state unitary enterprise of regional importance was used. Since the main purpose of the study is to evaluate the economic value added, as a comprehensive assessment of the effectiveness of activities, the legal name of the enterprise, respectively, the legal status is hidden, which does not affect the implementation of the goals and objectives of this study. At the same time, the study is of an applied nature, the main task of which is to popularize the method of assessing economic value added, as well as the use of types of the cost of the enterprise to assess the effectiveness of the activities of the economic entity, which is objective and quantitatively measurable.