摘要：A tool which could help in explaining company’s performance, particularly in Malaysia, in terms of quantitative factor is very much needed. However, it is arguable if earnings alone can be considered as the best performance tool. Economic value added (EVA) has recently amazed much attention as a tool that takes into consideration many factors and incorporates more information as compared to traditional tools. This study discloses that EVA per share is able to correlate and had a better relationship with the stock return than traditional tools for public listed companies in Bursa Malaysia.
关键词：Economic value added (EVA); Malaysia; quantitative performance; stock return and traditional tool
