Record Details

ROA vs. ROIC

Journal of Economics and Business Research

View Archive Info
 
 
Field Value
 
Title ROA vs. ROIC
 
Creator Burcă, Valentin
Gomoi, Bogdan Cosmin
 
Subject IFRS, economic value added, fair value, market value, correlation
 
Description Last developments in financial reporting area have underlined the opportunity and necessity of extending the volume of financial information disclosed by financial statements. To ensure high quality financial information, not just a new marketing tool for managers, financial reporting strategies have been redesigned in order to give more focus on an integrated approach. This was an essential step on providing a solid ground for the new value-based management metrics, which were designed to evaluate management activities, not just on a financial perspective. This way there was emphasized the increasing importance of transferring, partially, information from management accounting to financial reporting. This study is providing evidence on the quantitative differences between the traditional metrics of financial performance and the value-based measurements, revealing significant gaps generated by transition to IFRS, lack of a solid conceptual framework, or fiscal considerations as well.
 
Publisher Journal of Economics and Business Research
 
Contributor —
 
Date 2016-09-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.uav.ro/jour/index.php/jebr/article/view/691
 
Source Journal of Economics and Business Research; Vol 22, No 1 (2016): J of Economics and Business Research; 19 - 41
2069-9476
2068-3537
 
Language eng
 
Relation http://www.uav.ro/jour/index.php/jebr/article/view/691/pdf
 
Rights Copyright (c) 2016 Journal of Economics and Business Research