Causal Analysis of Determinants Influencing the Economic Value Added (EVA) - a Case of Polish Entity

Abstract

The aim of the paper is to use a modified method of partial differences with the Taylor series to explain the impact of various factors on the change of EVA. The assumption was that every company is in a different financial condition, so the impact of various factors on the EVA change is different. In case of studied company, in subsequent three years, different influences of various factors are observed, both of individual and combined factors as well. It means that for each company and each year managers should consider the factors that influence the EVA change.

Keywords

• Economic Value Added (EVA)
• Research results
• Research methods