Investor reactions to economic value added information in earnings announcements.

• Main Authors: Chng, Joshua Tian Yi., Tan, Jun Siong., Tay, Jun Yuan.
• Other Authors: Bachmann, Ralph
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Financial management
• Online Access: http://hdl.handle.net/10356/10130
• Institution: Nanyang Technological University

Economic Value Added (EVA) has been propounded by many as a superior measure of company performance and shareholder value as opposed to traditional accounting measures like Earnings per Share (EPS). This study investigates investor reactions to EVA and EPS information released during earnings announ...