Browsing Economic and Management Sciences by Subject "Degree of operating leverage (DOL)"

Browsing Economic and Management Sciences by Subject "Degree of operating leverage (DOL)"

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  • The relationship between EVA, MVA and leverage 
    De Wet, Johannes H.v.H. (Johannes Hendrik van Heerden); Hall, J.H. (John Henry) (School of Accounting Sciences, UP, 2004)
    It is generally believed that in order to maximise value for shareholders, companies should strive towards maximising MVA (and not necessarily their total market value). The best way to do so is to maximise the EVA, which ...