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Yıl 2015, Cilt: 2 Sayı: 1, 0 - 0, 29.03.2015

Öz

WEALTH ADDED INDEX (WAI) IN PERFORMANCE MEASUREMENT: AN EMPIRICAL APPLICATION ON BIST 30 INDEX

Yıl 2015, Cilt: 2 Sayı: 1, 0 - 0, 29.03.2015

Öz

n recent years, developments occurring in the financial markets have led to the increasing importance of value-based management approach and the derivation of new performance measures about evaluation. One of these performance measures is Wealth Added Index (WAI) which was developed by the Stern Stewart consulting firm in 2002. WAI performance measure is used to determine which companies provide their shareholders more wealth and this measure is becoming increasingly popular in financial markets. The aim of this study is to determine whether or not shareholder value is created according to Wealth Added Index criteria in BIST 30 Index firms for the year of 2012. The results show that twenty four of the firms create value for shareholders.

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Ayrıntılar

Bölüm Articles
Yazarlar

Ulas Unlu

Oguz Saygın Bu kişi benim

Ersan Ersoy Bu kişi benim

Yayımlanma Tarihi 29 Mart 2015
Yayımlandığı Sayı Yıl 2015 Cilt: 2 Sayı: 1

Kaynak Göster

APA Unlu, U., Saygın, O., & Ersoy, E. (2015). WEALTH ADDED INDEX (WAI) IN PERFORMANCE MEASUREMENT: AN EMPIRICAL APPLICATION ON BIST 30 INDEX. Journal of Economics Finance and Accounting, 2(1).

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