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New Metrics for Value-Based Management Enhancement of Performance Measurement and Empirical Evidence on Value-Relevance /

Value-Based Management, a widely applied reference for strategic management, aims at maximizing sustainable shareholder value creation. However, respective accounting metrics to measure the firm's wealth creation, such as residual income and Economic Value Added (EVA®), are distorted by account...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Holler, Annette (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Wiesbaden : Gabler Verlag : Imprint: Gabler Verlag, 2009.
Edición:1st ed. 2009.
Colección:Unternehmensführung & Controlling,
Temas:
Acceso en línea:Texto Completo

MARC

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100 1 |a Holler, Annette.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a New Metrics for Value-Based Management  |h [electronic resource] :  |b Enhancement of Performance Measurement and Empirical Evidence on Value-Relevance /  |c by Annette Holler. 
250 |a 1st ed. 2009. 
264 1 |a Wiesbaden :  |b Gabler Verlag :  |b Imprint: Gabler Verlag,  |c 2009. 
300 |a XXI, 217 p. 32 illus.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
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490 1 |a Unternehmensführung & Controlling,  |x 2628-5347 
505 0 |a Fundamentals -- Development of New Value-Based Metrics -- Applied Methods for the Empirical Research -- Results -- Discussion. 
520 |a Value-Based Management, a widely applied reference for strategic management, aims at maximizing sustainable shareholder value creation. However, respective accounting metrics to measure the firm's wealth creation, such as residual income and Economic Value Added (EVA®), are distorted by accounting depreciation, implying inconsistent investment disincentives. Annette Holler introduces two new depreciation-adjusted value metrics and illustrates the depreciation-related bias in a case study. Finally, a regression analysis adds to previous evidence on associations between value creation and stock returns as well as firm values. 
650 0 |a Game theory. 
650 0 |a Strategic planning. 
650 0 |a Leadership. 
650 0 |a Macroeconomics. 
650 0 |a Management. 
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650 2 4 |a Macroeconomics and Monetary Economics. 
650 2 4 |a Management. 
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