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Social and Behavioral Sciences Commons

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Senior Honors Theses

2007

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Full-Text Articles in Social and Behavioral Sciences

The Value Of Economic Reality: Applying Economic Value Added, David M. Phillips Apr 2007

The Value Of Economic Reality: Applying Economic Value Added, David M. Phillips

Senior Honors Theses

The concept of Economic Value Added (EVA) is a revolutionary way to measure the value of a business. In its simplest form, EVA is a system that determines companies’ worth and performance based on their economic reality, not numbers produced according to traditional accounting rules. EVA sets high standards for measuring performance and is essential for all companies wishing to create value for their shareholders.