Economic Value Added (EVA) in Indian Corporates
Contents: Foreword. Preface. 1. EVA: its emergence in finance theory. 2. Inferences on EVA: a revision of previous researches. 3. Research methodology. 4. Disclosure of EVA in Indian corporates: a sectoral analysis. 5. EVA vis-a-vis other select variables. 6. MVA vis-a-vis other financial variables: linear regression analysis. 7. MVA vis-a-vis other financial variables: multiple regression analysis. 8. Awareness of EVA in Indian corporates. 9. Summary of findings and recommendations. Appendices. Bibliography. Index.
"The present book on "Economic Value Added (EVA) in Indian Corporates" is an attempt to come up to the expectations of those who are roaming for productive and meaningful research book on the subject. The book, which has been divided into nine chapters, provides a wide-ranging exposure on the subject matter in a coherent an systematic manner. Chapter-I is conceptual in nature. It discusses the epigrammatic rationale of conducting the present study. Chapter-II gives a brief review of literature. It is imperative to survey all credible literature so that researcher becomes well conversant with the relevant researches and information in the field. This throbbing course of action has been brought about to stumble on the research gaps for conducting further pertinent study in the field. Chapter-III encompasses the research methodology of the study. Chapter-IV brings out method some computational process of the EVA. This chapter examines in detail the EVA, NOPAT and WACC of sample companies. Chapter-V is dedicated to the analysis of related financial variables of select companies. It brings out vividly the shareholders\' value to the centre stage.
Chapter-VI discusses the relationship between MVA and other financial variables like EVA, NPV, ARNW, EPS, Lp, Kp, ROCE and NOPAT of sample companies. Since MVA has been considered as dependent variable, therefore, the chapter examines the statistical association between these variables. Chapter-VII discusses the relationship between MVA and other financial variables like EVA, NPV, ARNW, EPS, Lp, Kp, ROCE and NOPAT of sample companies both on industry-wise and sector-wise. Chapter-VIII gives emphasis on awareness and applicability of EVA in India. finally, Chapter-IX the last chapter presents summary, conclusions, and some workable recommendations for the smooth execution and appearance of EVA as financial tool in the financial statements of Indian corporate sector. Towards the end of this book a comprehensive bibliography on the subject and some appendices have also been added. We hope that the readers would find this book ahead of price and redolent for their underlying standard. We would hail every suggestion from all corners." (jacket)
