Abstract
Economic Value Added (EVA) reflects the value increasing from shareholders’ perspective and makes a far-reaching impact on global economy. In practice of EVA, the method based on comparison and trend is common, while using time series model is a simple way. The difficult part is the high quality data is required, so many studies just referred to feasibility of the time series method theoretically. This paper validates the feasibility of time series method from the real case. ARMA model is used as short time series analysis method in this paper.
Funding information: Supported by the Phase III of 211 project development programs, Central University of Finance and Economics; Supported by school-level key disciplines of Central University of Finance and Economics; Supported by Beijing Municipal Education Commission cooperation programs.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Zhang, X.: The Research on EVA Theory and Application. QiuShi, 34–39 (1997)
Li, Q.: Econometrics. China Economic Publishing Company (2005)
Tu, Y., Liu, Y.: EVA and Enterprise Evaluation. Financial Research (2003)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2012 Springer-Verlag GmbH Berlin Heidelberg
About this paper
Cite this paper
Zheng, L., Lingyao, Z. (2012). A Study of Corporation Valuation Based on EVA Model. In: Zhang, Y. (eds) Future Wireless Networks and Information Systems. Lecture Notes in Electrical Engineering, vol 144. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-27326-1_47
Download citation
DOI: https://doi.org/10.1007/978-3-642-27326-1_47
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-27325-4
Online ISBN: 978-3-642-27326-1
eBook Packages: EngineeringEngineering (R0)