Salam, Abdus and Rashid, Mamoon Ur (2023) Assess the Performance of Congolese Organizations Converted to Commercial Businesses using the Economic Value Added Approach. International Journal of Business and Management Review, 11 (5). pp. 1-15. ISSN 2052-6393(Print), 2052-6407(Online)
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Abstract
This study aims to demonstrate the significance of assessing corporate success in terms of economic value added (EVA). Economic value added is widely recognized as a reliable metric for assessing the performance of private firms. Four organizations were chosen, and their performance was assessed using the EVA approach from 2016 through 2022. The following outcomes were found as a consequence of the analysis: National Electric Company (NEC), Congo National Railway Company (NRCC), and Port Transportation Company (CCPT). A positive EVA, on the other hand, represents value creation for a Water Distribution Company (WDC). Endogenous variables such as the steady fall in factor returns to labor, poor operating performance, and low capital profitability cause value destruction. Yet, ethics and openness are essential for attaining success. Corporate success in terms of economic value added (EVA). Economic value added is widely recognized as a reliable metric for assessing the performance of private firms. Four organizations were chosen, and their performance was assessed using the EVA approach from 2016 through 2021. The following outcomes were found as a consequence of the analysis: National Electric Company (NEC), Congo National Railway Company (NRCC), and Port Transportation Company (CCPT). A positive EVA, on the other hand, represents value creation for a Water Distribution Company (WDC). Endogenous variables such as the steady fall in factor returns to labor, poor operating performance, and low capital profitability cause value destruction. Yet, ethics and openness are essential for attaining success.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Depositing User: | Professor Mark T. Owen |
| Date Deposited: | 01 Jun 2023 18:32 |
| Last Modified: | 01 Jun 2023 18:32 |
| URI: | https://tudr.org/id/eprint/1816 |
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