At its most basic, Economic Value Added is a measure of corporate performance that differs from most others by charging profit for the cost of all the capital a company employs, including equity. To help translate principle into real–world practice, Ehrbar presents revealing case histories of EVA success stories, including those of Briggs & Stratton, the U.S. Postal Service, and Coca–Cola, which was catapulted from mediocrity to the number one wealth creator in the world with the addition of EVA.
An in–depth look at a breakthrough idea whose impact is being felt from corporate boardrooms to Wall Street, this indispensable book is must reading for business leaders looking to fully grasp–and profit from–"the real key to creating wealth."
Revving the Engine at Briggs & Stratton.
The Right Way to Keep Score.
How EVA Reshaped Armstrong World Industries and Boise Cascade.
Earnings Per Share Don′t Count–EVA Does.
Serving the Service Industries.
Making Managers into Owners.
Banking on EVA.
The EVA Financial Management System.
Breaking the Regulatory Mould.
Closing the GAAP between Earnings and EVA.
SPX: Using EVA and Stretch Goals to Turn a Sputtering Jalopy into a Formula One Winner.
Afterword: Becoming an EVA Company by G. Bennett Stewart III.