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Modern financial constituency instruments as market economic performance determinants

Author

Listed:
  • Yousaf Ali Khan

    (Department of Mathematics and Statistics, Hazara University Mansehra, 23010, Pakistan†School of Statistics, Jiangxi University of Finance and Economics, Nanchang, P. R. China)

  • Muneeb Ahmad

    (��School of Finance, Jiangxi University of Finance and Economics, Nanchang, P. R. China)

Abstract

The legitimacy of usual accounting approaches for measuring and analyzing company financial results has been questioned. Scholars have suggested current financial realization metrics, but their implication is motionless being investigated with beneficiaries. The research would use Generalized Least Squares (GLS) regression to determine the effect of three modern financial ward measures: Economic Value Added (EVA), Refined Economic Value Added (REVA), EVA momentum on positive fiscal results as measured by Return on Assets (ROA). This paper likewise expects to add to the progressing banter among specialists through utilizing the characteristics of the financial assessment added-based amount by the uppermost informative force material to fixed economic outcomes through a family member and steady information quality analysis. The account business information accumulated for organizations was recorded on the Kuala Lumpur Stock Exchange from 2010 to 2019. The quantifiable collection E-views version-10 is utilized to play out the factual strategies. According to the findings, all value-added economic indicators substantially affected the company’s financial results. Additionally, REVA was the most successful economic measure for enhancing and justifying financial results.

Suggested Citation

  • Yousaf Ali Khan & Muneeb Ahmad, 2022. "Modern financial constituency instruments as market economic performance determinants," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 1-20, September.
    • Handle: RePEc:wsi:ijfexx:v:09:y:2022:i:03:n:s2424786322500013
    DOI: 10.1142/S2424786322500013
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