“…Furthermore, Tebogo (2011) mentioned that when companies work towards interest of the shareholders, it increases their confidence level. EVA calculation is criticized due to its numerous adjustments to profit and capital employed figures (Shil 2009).…”
“…Furthermore, Tebogo (2011) mentioned that when companies work towards interest of the shareholders, it increases their confidence level. EVA calculation is criticized due to its numerous adjustments to profit and capital employed figures (Shil 2009).…”
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.