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Full-Text Articles in Business
The Persistence Of Accounting Versus Economic Profit, Matthew J. Holian, Ali M. Reza
The Persistence Of Accounting Versus Economic Profit, Matthew J. Holian, Ali M. Reza
Matthew J. Holian
Drawing on Schumpeterian theory, this article presents estimates of a first-order autoregressive model of profit persistence for large US firms, using Economic Value Added (EVA), the popular measure of profits produced by Stern Stewart and Company, and simple (unadjusted) accounting measures from the Compustat database. We hypothesize about the differences we should expect to find between these two sets of estimates, and also provide a fresh normative assessment of the dynamic competitiveness of the US economy.
Roads: Leading Indicators Show Ramp-Up In Activity, Shishir Mathur, Kunal Katara
Roads: Leading Indicators Show Ramp-Up In Activity, Shishir Mathur, Kunal Katara
Faculty Publications, Urban and Regional Planning
No abstract provided.
The Persistence Of Accounting Versus Economic Profit, Matthew J. Holian, Ali M. Reza
The Persistence Of Accounting Versus Economic Profit, Matthew J. Holian, Ali M. Reza
Faculty Publications
Drawing on Schumpeterian theory, this article presents estimates of a first-order autoregressive model of profit persistence for large US firms, using Economic Value Added (EVA), the popular measure of profits produced by Stern Stewart and Company, and simple (unadjusted) accounting measures from the Compustat database. We hypothesize about the differences we should expect to find between these two sets of estimates, and also provide a fresh normative assessment of the dynamic competitiveness of the US economy.
Roads: Leading Indicators Show Ramp-Up In Activity, Shishir Mathur, Kunal Katara
Roads: Leading Indicators Show Ramp-Up In Activity, Shishir Mathur, Kunal Katara
Shishir Mathur
No abstract provided.