UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
Call for Paper
Volume 11 | Issue 2 | February 2024

JETIREXPLORE- Search Thousands of research papers



WhatsApp Contact
Click Here

Published in:

Volume 4 Issue 10
October-2017
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

Unique Identifier

Published Paper ID:
JETIR1710136


Registration ID:
318526

Page Number

870-876

Share This Article


Jetir RMS

Title

AN EMPIRICAL STUDY ON CORRELATIONSHIP BETWEEN EVA AND MPS

Abstract

It is important to measure the financial performance of company before invested in it. There are number of measurement parameters available to analyze the financial performance like Return on Investment (ROI), Earning per Share (EPS), Net Operating Profit After Tax (NOPAT), Stock Returns, Return on Equity (EOE) etc but which one measure the true value is questionable. EVA is an innovating financial tool which considers cost of capital and affect to shareholder’s wealth and market price of share. Hence the present study has been made an attempt to measure the financial performance of Nifty 50 companies for the period of 2013 to 2017. The financial performance of companies has been analyzed through Economic Value Added (EVA). The correlationship between Economic Value Added (EVA) and Market Price of Share (MPS) shows that there was no consistent relationship between two measurement parameters during the period of study.

Key Words

Correlation, Economic value added, Market price of share

Cite This Article

"AN EMPIRICAL STUDY ON CORRELATIONSHIP BETWEEN EVA AND MPS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 10, page no.870-876, October-2017, Available :http://www.jetir.org/papers/JETIR1710136.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"AN EMPIRICAL STUDY ON CORRELATIONSHIP BETWEEN EVA AND MPS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 10, page no. pp870-876, October-2017, Available at : http://www.jetir.org/papers/JETIR1710136.pdf

Publication Details

Published Paper ID: JETIR1710136
Registration ID: 318526
Published In: Volume 4 | Issue 10 | Year October-2017
DOI (Digital Object Identifier):
Page No: 870-876
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

000397

Print This Page

Current Call For Paper

Jetir RMS