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Economic Value Added (EVA)

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Economic Value Added (EVA) - definition(s)

Economic Value Added (EVA) - This is a "value-based" metric that is becoming popular with many companies. EVA is an integrated framework for performance measurement, value-based planning and incentive compensation developed by Stern Steward founders Joel Stern and G. Bennett Steward III. EVA is calculated by taking operation profits and deducting a charge for the cost of capital. Companies that have adopted EVA have frequently realized long-lasting improvements in operating efficiency, growth, morale, motivation and stock market value.

[Category=Information Management ]

Source:, 16 June 2010 08:25:34, External

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