Value Based Performance Measures (eBook)

Theoretical Evaluation and Empirical Analysis of their Application and Value Relevance on a European Level

Nils Eikelmann (Autor)

eBook Download: PDF

2020 | 1st ed. 2020
XXIV, 309 Seiten
Springer Fachmedien Wiesbaden (Verlag)
978-3-658-31429-3 (ISBN)

Infos

Nils Eikelmann describes the framework conditions for the application of value-based performance measures and critically analyses selected ones. The disclosure of value-based performance indicators is important in order to demonstrate the successful management of a company and to satisfy the increasing information needs of investors. However, companies adapt the developed theoretical concepts of value-based performance measures to their practical needs and thus investors are no longer able to compare the performance of companies. In addition, there is a variety of different metrics from which companies can choose. The empirical study aims to reduce existing research gaps and is divided into three parts: the analysis of annual reports of selected European companies, the calculation of a standardised value-based performance measure and a value relevance study in the form of an association study.

Nils Eikelmann works in the accounting department of a German power supply company. He received his doctorate from the Universidad Católica de Murcia, Spain. As a part-time lecturer he teaches accounting at the FOM Hochschule für Oekonomie & Management Essen, Germany.

Produkt-Details

• Erscheint lt. Verlag: 19.8.2020
• Reihe/Serie: FOM-Edition Research
• Reihe/Serie: FOM-Edition Research
• Zusatzinfo: XXIV, 309 p.
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Analysis of annual reports • Association Study • capital market research • Cash Flow Return on Investment (CFROI) • Comparison of performance • Economic Value Added (EVA) • Preinreich-Lücke theorem • Price level model • ROCE Spread • Shareholder Value • Value Added • Value Based Management • Value based performance measures • Value relevance study • Value Reporting
• ISBN-10: 3-658-31429-X / 365831429X
• ISBN-13: 978-3-658-31429-3 / 9783658314293