The analysis of residual incomeIgor Stubelj
, Mateja Jerman
, Primož Dolenc
, 2009, izvirni znanstveni članek
Opis: In this study we were interested in the residual income of selected Slovene companies. This parameter of company's efficiency not only looks at return on invested funds, but also implicitly compares it with risk adjusted opportunity cost of such investment. It is therefore argued that this parameteris a better performance measure than simply accounting performance measures. Our results based on selected listed companies in Slovenia showed that residual income was far from being positive, at least in year 2006. In year 2007 the situation improved when three out of ten selected companies had a negative residual income which means that companies did not create value for their shareholders and that they did not generate enough profits to cover the appropriate cost of capital, i.e. the cost of capital that take into consideration the risk adjusted opportunity cost.
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Povzetek najdenega: ...therefore argued that this parameteris a better performance measure than simply accounting performance measures. Our...
Ključne besede: residual income, risk, adjusted cost of capital, performance measure
Objavljeno: 15.10.2013; Ogledov: 1591; Prenosov: 32
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