pages are dedicated to offer information and references/links around
consept called Economic Profit (EP). It is practically
the same accounting & finance concept as the "Economic Value
Added" (EVA) that is a registered trademark of Stern
Stewart & CO.
are designed to companies searching for useful information about EP
and about how to use it as a management tool in internal accounting,
steering and controlling. Pages might also help students/academics
searching for EP-information/-references.
Please inform us about any useful EP-references /
-links you happen to now
and feel free to comment on all the material you see here.
Stewart & Co. has actually trademarked an old concept that has
been known by academic literature for the past 100 years. The company (Stern Stewart) has done such
a fine job in promoting the whole Shareholder value -approach. Without
them the whole world would be years behind this development. The term
"EVA" is used all over the world in thousands of companies,
universities etc. Therefore it is however a bit shame that the company
is so jealous about other consultants using this currently very generic
name "EVA". Stern Stewart has already lost one law suite
against KPMG with this issue (the court has stated that ""Stern
Stewart had done such a fine job of spreading the EVA gospel that
it was tough to prove that EVA is a proprietary concept." - quoted
from Fortune magazine.)