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An Analysis of Chinese Company Performance Using EVA

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  • Wu, P.X.
  • Zhang, S.
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    Abstract

    The recent meltdown in some Asian economies highlights the urgent need of more proper measures of economic performance. Measures such as GNP growth rates alone are not good enough in revealing the true strength of an economy unless costs of capitals are also examined. In recent years, there have been an increasing amount of research and practice on the use of EVA as a performance measure of economic entities.

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    Bibliographic Info

    Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 606.

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    Length: 13 pages
    Date of creation: 1998
    Date of revision:
    Handle: RePEc:mlb:wpaper:606

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    Postal: Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia
    Phone: +61 3 8344 5355
    Fax: +61 3 8344 6899
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    Web page: http://www.economics.unimelb.edu.au
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    Keywords: ECONOMIC GROWTH ; GROSS NATIONAL PRODUCT;

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