Economic Value Added for Competitive Advantage

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  • Economic Value Added for Competitive Advantage Book Detail

  • Author : Saurabh Sri
  • Release Date : 2019-01-15
  • Publisher : Cambridge Scholars Publishing
  • Genre : Business & Economics
  • Pages : 176
  • ISBN 13 : 1527525880
  • File Size : 51,51 MB

Economic Value Added for Competitive Advantage by Saurabh Sri PDF Summary

Book Description: Economic Value Added (EVA®) has been a much discussed concept that has assisted in the turnaround of a number of multinational enterprises across the world. It is based upon the theory of ‘economic profit’ that enables companies to capture and create wealth both for themselves and their stakeholders. The strategic decisions of performance and posturing can be grounded upon gaining competitive advantage through mapping economic profits. Existing studies on competitive advantage primarily discuss the meaning, definitions, and sources thereof. However, there are few contributions that discuss how competitive advantage can be measured specifically with respect to Indian companies. This book bridges that gap and advocates that the EVA® can be used to measure and establish the competitive advantage for Indian firms. It is based upon an in-depth study of such companies to explore the extent of use of EVA® in the top BT500 companies in India. It shows that the companies that use EVA® have a distinct competitive advantage over their competitors.

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