Please use this identifier to cite or link to this item:
Heidorn, Thomas
Klein, Hans-Dieter
Siebrecht, Frank
Year of Publication: 
Series/Report no.: 
Arbeitsberichte der Hochschule für Bankwirtschaft 27
This paper shows that Economic Value Added (EVA) can be used to optimize the performance of european share investements. Investing in the top third relative EVA performers, leads to a significant outperformance. This is true for market and sektor investments. The best results were found for growth and technology. On the individual firm level the results are less convincing. For individual shares a large (>2,5%) positive EVA is a good indicator for outperformance.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper
Social Media Mentions:

Files in This Item:
123.11 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.