VAIC: New Financial Performance Metric and Valuation Tool
This article introduces a new financial metric for managerial performance evaluation, Value Added to Invested Capital (VAIC), with the cost of unlevered equity as a hurdle rate to calculate the capital charge rather than the widely accepted WACC. VAIC preserves all positive features of the conventio...
Sparad:
| I publikationen: | Cuadernos Latinoamericanos de Administración |
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| Huvudupphov: | , , |
| Materialtyp: | Artigo |
| Språk: | Inglês |
| Utgiven: |
Universidad El Bosque
2013
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| Ämnen: | |
| Länkar: | https://www.redalyc.org/articulo.oa?id=409633954002 |
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