Open AccessThe study of linkages between changes in the cost of equity capital and the main indicators of activity of firm on the basis of econometric analysis
Author(s) -
Андрей Гусев,
Andrey Gusev
Publication year - 2014
Publication title -
russian journal of management
Language(s) - English
Resource type - Journals
eISSN - 2500-1469
pISSN - 2409-6024
DOI - 10.12737/4903
Subject(s) - economic value added , balance sheet , shareholder , economics , equity (law) , residual income valuation , value (mathematics) , asset (computer security) , econometric analysis , microeconomics , accounting , business , cost of capital , econometrics , financial economics , finance , profit (economics) , statistics , corporate governance , mathematics , computer security , political science , computer science , law
This article is dedicated to overall company performance statistics
and diagnostic framework for shareholders value that makes valuebased
analysis easier and more insightful than ever before because of a
function of income efficiency and balance sheet asset management. It
can be traced to and directly linked with fundamental financial indicators,
although in the case of EVA all the drivers, both income and asset, are
expressed on a common econometric base. EVA includes the added
value that can come from profitable growth or value lost from growth at
negative EVA margins, which are performance attributes that the traditional
accounting indicators totally misses. This article measures all the
ways that performance can be improved and wealth created in any business
which makes an ideal tool to help managers understand EVA and
find ways to improve it to detect and model a firm´s true intrinsic value.