The Relationship Between Economic Value Added and Earnings Per Share: An Empirical Analysis of the Turkish Cement Industry
Yazarlar (3)
Prof. Dr. Murat AZALTUN Yalova Üniversitesi, Türkiye
Dr. Öğr. Üyesi İrem Batıbay İstanbul Okan Üniversitesi, Türkiye
Dr. Öğr. Üyesi İlker Calayoğlu İstanbul Okan Üniversitesi, Türkiye
| Makale Türü | Özgün Makale (Uluslararası alan indekslerindeki dergilerde yayınlanan tam makale) | ||
| Dergi Adı | China-USA Business Review | ||
| Dergi ISSN | 1537-1514 | ||
| Dergi Tarandığı Indeksler | Database of EBSCO | ||
| Makale Dili | İngilizce | Basım Tarihi | 01-2013 |
| Cilt / Sayı / Sayfa | 2 / 12 / 32–39 | DOI | – |
| UAK Araştırma Alanları |
Uluslararası Muhasebe
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| Özet |
| EVA is an acronym for economic value added, is a measure of corporate performance that differs from most others by including a charge against profit for the cost of all the capital a company employs. EVA is much more than just a measure of performance. It is the framework for a complete financial management and incentive compensation system that can guide every decision a company makes. It combines factors, such as economy, accounting, and market information in its assessment. The main objective of this study is to introduce the concept of Economic Value Added (EVA) and compare with the method of Earnings Per Share (EPS). This study aims to determine the effect of the Economic Value Added and Fundamental Analysis of the company’s earnings per share in the cement industry sector. Especially, the study is examined the economic crisis period 2000-2001 and 2007-2008 and their reflection to the financial statements of the cement companies. The methodology used in this research is a web-based data collection is the company’s financial statements and the company’s earnings per share amount which is then processed and analyzed using Microsoft Excel. Having obtained the results of analysis using Microsoft Excel, then the data are performed using the SPSS 17 statistical test to determine the effect of the Economic Value Added and Fundamental Analysis of the company’s earnings per share. This study employs pooled time-series, cross sectional data of listed 15 cement companies in the Istanbul Stock Exchange (IMKB) over the period 1999-2010 to examine whether EVA or Earnings Per Share (EPS) is associated more … |
| Anahtar Kelimeler |
