期刊名称:International Review of Management and Marketing
电子版ISSN:2146-4405
出版年度:2015
卷号:5
期号:4
页码:242-245
语种:English
出版社:EconJournals
摘要:The objective of this study is to examine the performance of listed companies in Karachi Stock Exchange by using economic value added and market value added. To estimate performance of seven industrial sectors in Pakistan economic value added (EVA) is used along with operating cash flow, net operating profit after tax, net income and return on equity. Multiple regression models are applied on cross sectional data of thirty five firms from seven sectors of Pakistan for year 2012 and 2013. Results and their analysis are portraying the actual picture for economic value added in Pakistan indicating that ability of economic value added to explain market value added is not significant. Keywords: Stock Exchange; Economic Value added; Cross Sectional JEL Classifications: C21
其他摘要:The objective of this study is to examine the performance of listed companies in Karachi Stock Exchange by using economic value added and market value added. To estimate performance of seven industrial sectors in Pakistan economic value added (EVA) is used along with operating cash flow, net operating profit after tax, net income and return on equity. Multiple regression models are applied on cross sectional data of thirty five firms from seven sectors of Pakistan for year 2012 and 2013. Results and their analysis are portraying the actual picture for economic value added in Pakistan indicating that ability of economic value added to explain market value added is not significant. Keywords: Stock Exchange; Economic Value added; Cross Sectional JEL Classifications: C21