يجب تسجيل الدخول أولا
A Study of Economic Value Added "EVA" & Market Value Added "MVA" of Hindustan Petroleum Corporation Limited
| المصدر: | المجلة العالمية للاقتصاد والأعمال |
|---|---|
| الناشر: | مركز رفاد للدراسات والأبحاث |
| المؤلف الرئيسي: | Ahmad, Izhar (Author) |
| مؤلفين آخرين: | Alam, Shabbir (Co-Author) , Yameen, Mohammad (Co-Author) |
| المجلد/العدد: | مج6, ع1 |
| محكمة: | نعم |
| الدولة: |
الأردن |
| التاريخ الميلادي: |
2019
|
| الشهر: | فبراير |
| الصفحات: | 225 - 237 |
| DOI: |
10.31559/GJEB2019.6.1.14 |
| ISSN: |
2519-9285 |
| رقم MD: | 1032676 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
EVA | MVA | WACC | NOPAT & Capital Employed
|
| رابط المحتوى: |
عدد مرات التحميل
45
| المستخلص: |
This study shows the importance of analysis of financial performance of Public Sector Undertaking. The concept of economic value added was given by the Stern Stewart & Co. in order to measure the surplus value created by investment in 1991. EVA is a modern technique to evaluate the financial performance of an entity. MVA is the sum total of all present values of future EVAs. This study measure the impact of liquidity, profitability and solvency on Economic Value Added and Market Value Added of Hindustan Petroleum Corporation Limited. This study is based on the secondary sources of data. The financial data of fifteen years of the HPCL has been taken for an appropriate analysis and interpretation of data to get conclusion for the present study as well as to forward the suggestions for the greater interest of the stakeholders. The independent variables of the study are current ratio, liquid ratio, gross profit ratio, net profit ratio, debt-equity ratio and interest coverage ratio. On the other hand economic value added and market value added are considered as dependent variables. In this study, researcher has used simple regression analysis on SPSS. It is concluded that gross profit ratio, net profit ratio, debt equity ratio and interest coverage ratio have a statistically significant influence on economic value added except liquidity ratios. The MVA was not found satisfactory during the study period. High fluctuations were recorded in MVA. |
|---|---|
| ISSN: |
2519-9285 |
عناصر مشابهة
-
Managing with Economic Value Added (EVA)
بواسطة: Zahia, Khiari منشور: (2021) -
The Importance of Economic Value Added "EVA" and Studies Related to it in Kuwaiti Firms: A Critical Literature Review
بواسطة: Al Osaimi, Hjar Mosaed منشور: (2019) -
The Impact of Economic Value Added and the Market Value Added on Earning per Share: Case Study of the Industrial Companies Listed in Kuwait Stock Exchange During the Period 2012 - 2016
بواسطة: Melikaoui, Mouloud منشور: (2018) -
القيمة الاقتصادية المضافة EVA ودورها في التنبؤ بالقيمة السوقية المضافة MVA : دراسة تحليلية على الشركات الصناعية المساهمة العامة في الأردن
بواسطة: مطر، محمد منشور: (2006) -
Integrating the Balanced Scorecard and the Economic Value Added by Using the Analytical Hierarchy Process: An Applied Study
بواسطة: Gad-Allah, Sara Mounir Farag منشور: (2022)
