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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. |
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