About this product

Product Identifiers

PublisherAllen & Unwin

ISBN-101875889310

ISBN-139781875889310

eBay Product ID (ePID)2007613

Product Key Features

Book TitleEconomic Value Added : the Practitioner's Guide to a Measurement and Management Framework

Number of Pages397 Pages

LanguageEnglish

TopicCorporate Finance / General

Publication Year2001

IllustratorYes

GenreBusiness & Economics

AuthorCraig Savarese

FormatMass Market

Dimensions

Item Height1 in

Item Weight24.3 Oz

Item Length9.3 in

Item Width6.1 in

Additional Product Features

Intended AudienceTrade

Table Of ContentPrefaceAcknowledgmentsList of FiguresList of Tables Part 1: Understanding economic profit 1: What is economic profit? 2: Economic profit and value3: Linking economic profit to shareholder wealth4: Measuring shareholder wealth creationPart 2: Measuring economic profit 5: Defining financial statement adjustments6: Financing adjustments7: Fixed (tangible) assets8: Intangible assets 9: Acquisitions and major investment programs 10: Off-balance sheet assets and non-current investments 11: Other adjustments 12: The cost of capital 13: Developing a company-specific economic profit formulaPart 3: Economic profit and financial management14: Measuring performance within a company 15: Management practices using economic profit16: Economic profit-based management for revalued assets17: Management variable pay plans18: Making economic profit a realityAppendixSuggested readingsIndex

SynopsisThe shareholder value creation philosophy is a central element in many companies' financial management practices. A widely adopted approach to measuring financial performance and managing for value creation is economic profit (economic value added). A deceptively simple concept, companies often are not prepared for the challenges and issues they need to consider when measuring economic profit, nor for how to incorporate it into financial management practices. This book addresses these challenges by: developing a framework for linking economic profit to shareholder value; explaining the issues relevant to developing a company-specific economic profit measure; and demonstrating how to incorporate economic profit into financial management practices., *Improve your company's financial management practices..*Create shareholder wealth..*Prepare your company for the challenges ahead..The shareholder value creation philosophy is a central element in many companies' financial management practices. A widely-adopted approach to measuring financial performance and managing for value creation is economic profit (economic value added). A deceptively simple concept, companies often are not prepared for the challenges and issues they need to consider when measuring economic profit, nor for how to incorporate it into financial management practices... Economic Value Added addresses these challenges by: .. - developing a framework for linking economic profit to shareholder value.. - explaining the issues relevant to developing a company-specific economic profit measure.. - demonstrating how to incorporate economic profit into financial management practices. ..This book is about practical application - designed as a user's guide - so that you can apply shareholder value principles and understand the implications for your business. It shows definitively how economic profit links to shareholder value, and dispels commonly cited myths about adopting a shareholder value framework to drive a company's financial management practices. It is essential reading for financial managers and accounting professionals, managers, consultants and equity analysts who want to understand the application of shareholder value.