Performance Measures in Value Management: A Model Based Approach to Explain the CVA and EVA Measures |
Contents
Introduction | 1 |
Relevant Corporate Finance Theory and Application | 29 |
The Model Firm | 91 |
Value Creation Measures | 167 |
Common terms and phrases
1+Creal AccDepr AccED accounting accumulated depreciation ACVA applied assumption beta calculation capital charge CAPM cash flow FCF Cash Value Added cfroi Copeland cost of capital Creal CVA and EVA date t-1 date zero Depr depreciating assets derived dividends economic depreciation Economic Value Added equation equity Euro EVA framework expected expression Figure firm level firm model Flow Variables formula free cash flow gross cash flow gross investment growth in gross growth rate Inflation Error internal rate investor value added leverage LNDA losses on non-depreciating net present value nom,t nominal view non-depreciating assets non-depreciating investment NOPLAT OGCF OPAT operating gross cash operating profit parameters period portfolio present value price level proj project level rate of return real view real,t real,t reflected rep,t rep.t reporting view risk Stewart T./Koller T./Murrin terminal value unleveraged Vā valuation value management
Popular passages
Page 293 - McCormack, JL / Vytheeswaran, J. (1998): How to Use EVA in the Oil and Gas Industry, Journal of Applied Corporate Finance, Fall 1998, Vol 11, Number 3, page 109 - 131 Mensch, G.ā
Page 291 - Jensen, MC / Meckling, WH (1976): Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure, Journal of Financial Economics, 1976, Vol 3...ā
References to this book
Wertorientierte Management-Incentivesysteme auf Basis interner Wertkennzahlen Frank J. Plaschke No preview available - 2003 |