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An Analysis of Chinese Company Performance Using EVA

Author

Listed:
  • Wu, P.X.
  • Zhang, S.

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.

Suggested Citation

  • Wu, P.X. & Zhang, S., 1998. "An Analysis of Chinese Company Performance Using EVA," Department of Economics - Working Papers Series 606, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:606
    as

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    More about this item

    Keywords

    ECONOMIC GROWTH ; GROSS NATIONAL PRODUCT;

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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