MODELS OF APPLICATION ECONOMIC VALUE ADDED IN AUTOMOTIVE COMPANY

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Transport Problems

Silesian University of Technology

Subject: Economics, Transportation, Transportation Science & Technology

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VOLUME 12 , ISSUE 3 (September 2017) > List of articles

MODELS OF APPLICATION ECONOMIC VALUE ADDED IN AUTOMOTIVE COMPANY

Eva MALICHOVA / Maria DURISOVA / Emese TOKARCIKOVA

Keywords : economic value added; net operating assets; net operating profit after tax, performance

Citation Information : Transport Problems. Volume 12, Issue 3, Pages 93-102, DOI: https://doi.org/10.20858/tp.2017.12.3.9

License : (CC BY 4.0)

Received Date : 13-November-2015 / Accepted: 07-September-2017 / Published Online: 25-November-2017

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ABSTRACT

Summary. Enterprises are currently trying to bring new technologies into production and use new procedures and recommendations in various management activities. However, they should not forget to change their approach to the evaluation of the results achieved and focus on the use of modern methods of performance evaluation and prove to apply them in their enterprises. The aim of this paper is to point out several variants of the calculation of Economic value added (EVA) indicator, define the possibilities to apply EVA methods to the conditions of enterprises in the Slovak Republic and the need to adjust data providing financial statements and data for current accounts. Application of economic value added should be able to contribute to changes in the views of the owners and managers of enterprises in the Slovak republic for use not only as financial indicators.

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