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Economic Value Added Research: Mapping Thematic Structure and Research Trends

Author

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  • Prasoon Mani Tripathi

    (TAPMI School of Business, Manipal University Jaipur, Jaipur 303007, India
    Jaipuria Institute of Management Indore, Indore 453771, India)

  • Varun Chotia

    (Jaipuria Institute of Management Jaipur, Jaipur 302033, India)

  • Umesh Solanki

    (TAPMI School of Business, Manipal University Jaipur, Jaipur 303007, India)

  • Rahul Meena

    (Jaipuria Institute of Management Jaipur, Jaipur 302033, India)

  • Vinay Khandelwal

    (Jaipuria Institute of Management Jaipur, Jaipur 302033, India
    Stirling Management School, University of Stirling, Stirling FK9 4LA, UK)

Abstract

The purpose of this article is to examine the academic literature about the function, structure, calculation, and weaknesses of economic value added (EVA). EVA has been used as a measure of economic profit and captures the inadequacies of using traditional rates of return. In addition, this article tackles the main residual earnings (RI) modifications used to calculate EVA. A keyword search for publications was conducted in early 2022. This study couples an inferential analysis with descriptive analyses of the existing research. The articles were sorted into different clusters based on bibliographic coupling analysis. This study identifies the main areas and current dynamics of EVA research while evaluating the quality and impact of the scientific output. Three broad themes emerged from the analysis of the cluster related to the use and application of EVA: residual income and valuation, financial performance, and performance management. In doing so, we hope to enhance the understanding and contributions of EVA research to advance its theory and practice.

Suggested Citation

  • Prasoon Mani Tripathi & Varun Chotia & Umesh Solanki & Rahul Meena & Vinay Khandelwal, 2022. "Economic Value Added Research: Mapping Thematic Structure and Research Trends," Risks, MDPI, vol. 11(1), pages 1-19, December.
    • Handle: RePEc:gam:jrisks:v:11:y:2022:i:1:p:9-:d:1015546
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    References listed on IDEAS

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