EVA and Value-Based Management: A Practical Guide to Implementation

Good balance between conceptual clarity and practical considerations This book reaffirmed the importance of EVA as an excellent indicator of performance. you don't need to go through all detailed accounting adjustments to get benefits from EVA measurement. It is better a carry an approximate EVA measurement than not to have it at all. The great thing about EVA measurement is how you change the way to manage your business to create value.. irakli_gu said great book. really great book. Think that it is really for those who are in charge of implementation in a company, and not for students or finance newcomers who try master EVA calculation techniques. The book's primary purpose is to help management be successful in value-based management implementation, avoid major mistakes and make right decisions. That's why I appreciate this book very much.. The EVA Guide which holds nothing back! This book, together with 'The Quest for Value'by G. Bennett Stewart, III and 'Valuation' by the Tom Copeland, provide a solid backgound on value-based management. S. David Young and Stephen F. O'Byrne give a fair description of their book: 'This book is not a intended to be a "teaser," which tries to tell you enough to whet your appetite so if you want to know more you will have to hire us as your consultants. We aim to be as comprehensive in our treatment of the subject as possibleWe try to hold nothing back.' Thank you very much indeed.

But written information has often been biased and clouded by the authors’ hidden agendas. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, it allows readers to come to their own informed conclusions.. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Economic Value Added (EVA) and Value Based Management (VBM) are today’s hottest management buzzwords

"thoughtfuldiscussion of management compensation issuesIf you have time to read one book on EVA, read this one." -- The Accounting Review, January 2002"excellentwill repay careful studyre detailed and contains more material of interest to investment professionals." -- Financial Analysts Journal, Nov/Dec, 2001

O’Byrne is president and co-founder of Shareholder Value Advisors Inc., a consulting firm that helps companies increase shareholder value through better performance measurement, incentive compensation, and valuation analysis. A consultant on EVA and value-based management for several American, European, and Asian companies, Dr. Stephen F. . David Young, Ph.D., is a professor at INSEAD, one of the world’s leading graduate business schools. Young’s