Título: EPS and EVA Forecasting Ability for Industrial Jordanian Companies
Autores: Shubita, Mohammad Fawzi
Fecha: 2013-07-31
Publicador: European Journal of Business and Management
Fuente:
Tipo: info:eu-repo/semantics/article
Peer-reviewed Article
info:eu-repo/semantics/publishedVersion
Tema: No aplica
Descripción: This study investigates the relationship between Economic Value Added (EVA) and Earnings per Share (EPS) and provides empirical evidence on the information content of EVA from Manufacturing Corporation listed on Amman Stock Exchange. The problem statement to be analyzed in this study is: Does current economic value added have incremental information content relative to current earnings per share components when predicting future earnings per share? Based on correlation and multiple regression analyses, we show that current earnings can predict future earnings, current earnings components can predict future earnings and current economic value added does not have incremental information content relative to current earnings components when predicting future earnings. Keywords:Earnings per Share, Economic Value Added, Accruals, Cash Flow from Operating Activities.
Idioma: Inglés