Value Based Performance Measures : Theoretical Evaluation and Empirical Analysis of Their Application and Value Relevance on a European Level

By Nils Eikelmann

Nils Eikelmann describes the framework conditions for the application of value-based performance measures and critically analyses selected ones. The disclosure of value-based performance indicators is important in order to demonstrate the successful management of a company and to satisfy the increasing information needs of investors. However, companies adapt the developed theoretical concepts of value-based performance measures to their practical needs and thus investors are no longer able to compare the performance of companies. In addition, there is a variety of different metrics from which companies can choose. The empirical study aims to reduce existing research gaps and is divided into three parts: the analysis of annual reports of selected European companies, the calculation of a standardised value-based performance measure and a value relevance study in the form of an association study.

• Format: Paperback
• Language: English
• ISBN: 3658314281
• ISBN13: 9783658314286
• Release Date: August 2020
• Publisher: Springer Gabler
• Length: 309 Pages
• Weight: 0.97 lbs.
• Dimensions: 0.8" x 5.8" x 8.3"