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SpringerBriefs in Business

Financial Performance Measures and Value Creation: the State of the Art

Authors: VENANZI, DANIELA

  • Includes a systematic comparison of the main value-based metrics by different perspectives
  • Summarizes the most important empirical evidence emerging from the international literature about financial metrics' effectiveness
  • Includes in a brief and quick book the comparison of the main value-based measures
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eBook $34.99
price for USA
  • ISBN 978-88-470-2451-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Download immediately after purchase
Softcover $49.95
price for USA
  • ISBN 978-88-470-2450-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

The 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.

Table of contents (4 chapters)

  • Criticism of the Accounting-Based Measures of Performance

    Venanzi, Daniela

    Pages 1-8

  • Competing Financial Performance Measures

    Venanzi, Daniela

    Pages 9-31

  • The Metrics War

    Venanzi, Daniela

    Pages 33-60

  • Concluding Remarks: Strengths and Weaknesses of the Economic Value Measures

    Venanzi, Daniela

    Pages 61-70

Buy this book

eBook $34.99
price for USA
  • ISBN 978-88-470-2451-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Download immediately after purchase
Softcover $49.95
price for USA
  • ISBN 978-88-470-2450-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Financial Performance Measures and Value Creation: the State of the Art
Authors
Series Title
SpringerBriefs in Business
Copyright
2012
Publisher
Springer-Verlag Mailand
Copyright Holder
The Author(s)
eBook ISBN
978-88-470-2451-9
DOI
10.1007/978-88-470-2451-9
Softcover ISBN
978-88-470-2450-2
Series ISSN
2191-5482
Edition Number
1
Number of Pages
XI, 73
Number of Illustrations and Tables
3 b/w illustrations
Topics