The purpose of the present study is to re-examine the link between economic-value-added adoption and firm performance, using security analyst earnings forecasts. These forecasts, it is argued, function as a proxy for firm performance that usefully supplements other accounting and stock market measures.
"Do EVA ™ Adopters Outperform their Industry Peers? Evidence from Security Analyst Earnings Forecasts,"
American Business Review: Vol. 19:
1, Article 2.
Available at: https://digitalcommons.newhaven.edu/americanbusinessreview/vol19/iss1/2