Abstract
Investors make investment decisions based on various performance measures. This study assesses whether investors should base their investment decisions on market value added (MVA), economic value added (EVA), or future growth reliance (FGR). Griffith finds that investors basing their investment decisions on MVA, EVA, or FGR would have suffered significant losses.
- © 2006 Pageant Media Ltd
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EVA® and Stock Performance
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