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Author:Ettorre, B.
Title:G. Lorch explains Economic Value Added
Journal:Management Review
1995 : SEP, VOL. 84:9, p. 50-52
Index terms:
Freeterms:FINANZMANAGEMENT, KENNZAHL,
BETRIEBSERFOLG
Language:eng
Abstract:Economic Value Added (EVA) holds a company accountable for the cost of capital it uses to expand and operate its business and attempts to show whether a company is creating real value for its shareholders. EVA measurement also requires companies to be more thoughtful about resource allocation and investment decisions. A champion of EVA is G.A. Lorch, chairman and CEO of Armstrong World Industries Inc.
SCIMA record nr: 144450
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