Borde, N.; Hegde-Desai, P.
(Mapping the Global Future: Evolution through Innovation and Excellence, Ed. By: Nejdet Delener, Leonora Fuxman, F. Victor Lu, Susana Rodrigues. Global Business and Technology Association, ISBN:1-932917-08-X. 2012; 41-48.)
Empirical research finds that shareholder value creation represented by Pablo Fernandez Model (PFM) and EVATM is a better proxy of corporate performance than traditional accounting measures such as NOPAT, RoA, RoC and NPAT ...