The Substitution of Net Value Added for Earnings in Equity Valuation
16 Pages Posted: 7 Mar 2019
Date Written: February 12, 2019
Abstract
The article investigates the usefulness of the substitution of Net Value Added for Earnings in Equity Valuation. The empirical results provide evidence on the predictive power of net value added and the need for a better disclosure of its components.
Keywords: net value added, equity valuation
JEL Classification: M41
Suggested Citation: Suggested Citation
Riahi-Belkaoui, Ahmed, The Substitution of Net Value Added for Earnings in Equity Valuation (February 12, 2019). Available at SSRN: https://ssrn.com/abstract=3333409
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