经济增加资料文档值[文献翻译].docVIP

原文： Economic Value Added The Success of EVA To quantify the extent to which companies that implement EVA outperform their competitors, data were collected by Stern Stewart (2002b). Companies have seen high returns when they utilize Stern Stewart’s EVA framework for performance management, value-based planning and incentive compensation. Throughout the 1990s these same companies, on average, outperformed their competitors by 8.3% annually during the first five years after they first adopted EVA. Improved operating margins, stronger cash flow generation, and quicker asset turnover were the catal