eBook - ePub

Summary: The EVA Challenge

Name: Summary: The EVA Challenge
ISBN: 9782511021699

Review and Analysis of Stern and Shiely's Book

BusinessNews Publishing,

English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Summary: The EVA Challenge

Review and Analysis of Stern and Shiely's Book

BusinessNews Publishing,

About this book

The must-read summary of Joel Stern and John Shiely's book: `The EVA Challenge: Implementing Value-Added Change in an Organization`.

This complete summary of the ideas from Joel Stern and John Shiely's book `The EVA Challenge` shows how Economic Value Added is the best and most direct measure of whether a business is creating wealth when the cost of its capital has been taken into account. EVA also aligns precisely the interests of the company’s owners with the interests of the managers in a way that is free of the distortions and vagaries of accounting conventions. In their book, the authors demonstrate that effectively harnessing EVA will require three components: a measurement system, an incentive system and a financial management system. This summary explains each of these components and how you can implement them to analyse the success of a business.

Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge

To learn more, read `The EVA Challenge` and find out how you can master the art of Economic Value Added.

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Yes, you can access Summary: The EVA Challenge by BusinessNews Publishing in PDF and/or ePUB format, as well as other popular books in Business & Accounting. We have over one million books available in our catalogue for you to explore.