Are South African Co-Operatives Creating Value
This article examines the use of Economic Value Added (EVA) as a performance measure that South African wine co-operatives can use to determine whether value has been created for members. A detailed explanation of EVA is given, and the components of EVA are calculated. The EVA's of a number of co-operatives have been calculated and analysed. In addition the EVA of specific types of co-operatives indicate that the fruit and vegetable sector is a constant value creator. It is clear that in order to create value, the rate of return on invested capital must be greater than the cost of capital. Certain co-operatives and types of co-operatives provided the blue print for this.
|Date of creation:||2003|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (+27-12) 420-3251
Fax: (+27-12) 420-3247
Web page: http://www.up.ac.za/academic/ecoagric/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ags:upaewp:18058. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.