000 03141nam a22005175i 4500
001 978-88-470-2451-9
003 DE-He213
005 20140220083335.0
007 cr nn 008mamaa
008 111129s2012 it | s |||| 0|eng d
020 _a9788847024519
_9978-88-470-2451-9
024 7 _a10.1007/978-88-470-2451-9
_2doi
050 4 _aHG1-9999
050 4 _aHG4501-6051
050 4 _aHG1501-HG3550
072 7 _aKFF
_2bicssc
072 7 _aKFFK
_2bicssc
072 7 _aBUS027000
_2bisacsh
072 7 _aBUS004000
_2bisacsh
082 0 4 _a657.8333
_223
082 0 4 _a658.152
_223
100 1 _aVenanzi, Daniela.
_eauthor.
245 1 0 _aFinancial Performance Measures and Value Creation: the State of the Art
_h[electronic resource] /
_cby Daniela Venanzi.
264 1 _aMilano :
_bSpringer Milan,
_c2012.
300 _aXI, 73p. 3 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aSpringerBriefs in Business
505 0 _aIntroduction -- Criticism of the accounting-based measures of performance -- Competing financial performance measures.– The metrics war -- Concluding remarks: strengths and weaknesses of the economic value measures.– Appendices -- References.
520 _aThe choice of financial performance measures is one of the most critical challenges facing organizations. The accounting-based measures of financial performance have been viewed as inadequate, as firms began focusing on shareholder value as the primary long-term objective of the organization. Hence, value-based metrics were devised that explicitly incorporate the cost of capital into performance calculations. Despite the increasing emphasis on these value-based measures, no definitive evidence exists of which metric works better than others, and on the extent to which any of them is superior to traditional accounting measures. In this scenario, the objective of this book is contributing to the ongoing dialogue on the appropriateness of different financial performance measures, by providing a systematic and updated review of the major value-based measures, by highlighting their respective strengths and weaknesses and by comparing the main international empirical evidence on their effectiveness. This book can be a powerful tool for guiding managers and graduate students in the “tangled forest” of the existing metrics, by providing them with the quick, but adequate knowledge for consistently adopting them.
650 0 _aEconomics.
650 0 _aIndustrial management.
650 1 4 _aEconomics/Management Science.
650 2 4 _aFinance/Investment/Banking.
650 2 4 _aBusiness Strategy/Leadership.
650 2 4 _aManagement/Business for Professionals.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9788847024502
830 0 _aSpringerBriefs in Business
856 4 0 _uhttp://dx.doi.org/10.1007/978-88-470-2451-9
912 _aZDB-2-SBE
999 _c104142
_d104142