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Determinants Of Economic Value Added.Empirical Evidence From Romanian Market

Author

Listed:
  • Neculai Tabara

    (“Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration, Department of Business Administration, Accounting Department)

  • Andreea Vasiliu

    (“Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration, Doctoral School of Economics, Accounting Department)

Abstract

Maximize enterprise value as a fundamental objective of the management of the enterprise acquired new interpretations given the economic climate changes. In this respect firstly shall be identified procedures for creating value for shareholders. Once achieved this aim we will create value for all parts interested. This objective can be reached only by integrating the concept of performance in enterprise valuation and through a properly applied methodology, taking into account all factors that may arise. The present research is oriented towards performance analysis using the indicator economic value added EVA-more precisely by its determinants. For analysis were selected 65 companies listed on the Bucharest Stock Exchange Market.

Suggested Citation

  • Neculai Tabara & Andreea Vasiliu, 2013. "Determinants Of Economic Value Added.Empirical Evidence From Romanian Market," EuroEconomica, Danubius University of Galati, issue 1(32), pages 5-15, May.
    • Handle: RePEc:dug:journl:y:2013:i:1:p:5-15
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    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1749/1529
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    References listed on IDEAS

    as
    1. Aswath Damodaran, 1999. "Value Creation and Enhancement: Back to the Future," New York University, Leonard N. Stern School Finance Department Working Paper Seires 99-018, New York University, Leonard N. Stern School of Business-.
    2. ., 2008. "Why do Governments Need Microeconomic Policies?," Chapters, in: Microeconomic Policy, chapter 2, Edward Elgar Publishing.
    3. Hubert de La Bruslerie, 2014. "Analyse financière : information financière, évaluation, diagnostic‎," Post-Print hal-01492183, HAL.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Miron Vasile Cristian Ioachim & Focsan Eleonora Ionela, 2017. "The Analysis Of The Performance Of Companies Based On The Economic Value Added," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 181-190, February.

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