Value Based Performance Measures
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.
| Autor: | Eikelmann, Nils |
|---|---|
| ISBN: | 9783658314286 |
| Sprache: | Englisch |
| Seitenzahl: | 309 |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Springer Fachmedien Wiesbaden GmbH |
| Veröffentlicht: | 20.08.2020 |
| Untertitel: | Theoretical Evaluation and Empirical Analysis of their Application and Value Relevance on a European Level |
| Schlagworte: | Analysis of annual reports Comparison of performance Preinreich-Lücke theorem Price level model ROCE Spread Shareholder value Value based management Value based performance measures Value relevance study Value reporting |
Nils Eikelmann works in the accounting department of a German power supply company. He received his doctorate from the Universidad Católica de Murcia, Spain. As a part-time lecturer he teaches accounting at the FOM Hochschule für Oekonomie & Management Essen, Germany.