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Economic Value Added – A General Review of the Concept

Author

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  • Daraban Marius Costin

    (“Lucian Blaga†University of Sibiu)

Abstract

Business organizations of the 21st century, a century driven by globalization,internationalization and speed, must compete on changing and evolving markets. One of the maingoals of every business is to create value for its shareholders, value that is generated by the properusage of existing resources. The notion that can be utilized to successfully illustrate the increase ineconomic value is the economic value added concept.. The Economic Value Added concept knownalso as EVA is an add on to value, value based management and economic value.. EVA is a methodand a tool for quantification and measurement of the value created by a business organization.

Suggested Citation

  • Daraban Marius Costin, 2017. "Economic Value Added – A General Review of the Concept," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 168-173, June.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:168-173
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    References listed on IDEAS

    as
    1. Laura VASILESCU & Ana POPA, 2011. "Economic Value Added: Pros and Cons," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 60-65, December.
    2. Silvia Petrescu & Ciprian Apostol, 2009. "Value Creation Analysis. Economic Value Added," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(05(534)(s), pages 118-123, May.
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    Cited by:

    1. Miriam Jankalová & Jana Kurotová, 2019. "Sustainability Assessment Using Economic Value Added," Sustainability, MDPI, vol. 12(1), pages 1-19, December.
    2. Marius Costin Daraban, 2018. "Business Value Created By Management Accounting," CBU International Conference Proceedings, ISE Research Institute, vol. 6(0), pages 76-80, September.
    3. Elżbieta Jędrych & Dariusz Klimek & Agnieszka Rzepka, 2021. "Principles of Sustainable Management of Energy Companies: The Case of Poland," Energies, MDPI, vol. 14(8), pages 1-18, April.

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    More about this item

    Keywords

    EVA; value economic value added;

    JEL classification:

    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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