RT Journal Article
SR Electronic
A1 Beranová, Michaela
A1 Basovníková, Marcela
A1 Martinovičová, Dana
T1 Problematic aspects of the economic value added measure in environment of the Czech Republic
JF Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
YR 2014
VO 58
IS 6
SP 59
OP 66
DO 10.11118/actaun201058060059
UL https://acta.mendelu.cz/artkey/acu-201006-0006.php
AB The EVA indicator has been constructed in the recent past as a reaction to requirements of the new economic environment. As the EVA indicator has been introduced by Stewart Stern & Co. in the early nineties, past two decades many economists have been discussing the pros and cons of EVA application as well as various adjustments needed to calculate some relevant result. A range of attitudes to the adjustments to accounting data towards economic data exist there. As the indicator of economic value added is considered to be a criterion of company's real economic performance it is necessary to be very careful at applying encouraged adjustments. In this article, the authors compare and discuss these adjustments advised in order to reach some ideal number. Accounting differences of US GAAP, IFRS and Czech Accounting Standards are taken into consideration.