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Foundations of Economic Value Added (2nd

Edition)

Book · May 2003

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James L Grant
University of Massachusetts Boston
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Foundations of Economic Value Added, 2nd Edition
James L. Grant
ISBN: 978-0-471-23483-8
324 pages
May 2003

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Description
An updated look at the role of economic profit analysis in the process of wealth creation
Grant explains the pivotal role of economic value added (EVA) in the theory of finance, how to
measure EVA with standard accounting adjustments, how to use EVA to value companies and their
stock, and how to use economic profit principles to identify wealth-creating firms, industries, and
even market economies.

Table of Contents
Foreword by James A. Abate.

Preface.

About the Author.

Chapter 1: The EVA Revolution.

Chapter 2: EVA in the Theory of Finance I: Investment Decisions.

Chapter 3: EVA in the Theory of Finance II: Financing Decisions

 Chapter 4: Basic Economic Profit.

Chapter 5: Financial Characteristics of Wealth Creators (and Destroyers).

Chapter 6: Enterprise Valuation I: Free Cash Flow Model.

Chapter 7: Enterprise Valuation II: Economic Profit Model.

Chapter 8: Traditional Measures of Profitability and Success.

Chapter 9: EVA Accounting Adjustments.

Chapter 10: Role of Economic Depreciation.

Chapter 11: Estimating the Cost of Capital.

Chapter 12: Estimating MVA with Published Financial Reports.

Chapter 13: Company Analysis Using EVA

Chapter 14: Industry Analysis Using EVA.

Chapter 15: Macroanalysis Using EVA

Index.

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