摘要：The present study is an investigation of the relationship between economic value added (EVA) and refined economic value added (REVA) with earnings per share (EPS). Population of the study consists of 80 companies listed at stock exchange selected by sample size determination test (Cochran formula). Three hypotheses are proposed and available information of sample companies between the years 2005 and 2009 are collected for testing them. Spearman correlation coefficient is also used for testing the hypotheses. The analysis of equivalent nonparametric test of Pearson coefficient is performed using SPSS software. Results indicate a significant relationship between economic value added and earnings per share, but no significant relationship between refined economic value added and earnings per share between the years 2005 and 2007. However, a significant relationship was observed for them between the years 2007 and 2009.
关键词：economic value added; refined economic value added; earnings per share
