Ekonomik Katma Değer (EVA) ile İşletme Sermayesi Etkinliği Arasındaki İlişki: 2008 Küresel Finansal Kriz Dönemine İlişkin Bulgular

Abstract

Since the advent of Economic Added Value (EVA) in the literature used evaluation of business performance, it has become the most prominent measure of corporate structure. EVA is defined as stands for economic added value and the excess of the cost of capital brought by the invested capital. These study was examined as an examination of the relationship between the EVA and its components ratios and ratio of the cash conversion cycle in the operating on listed firms in Istanbul Stock Exhance-BIST 100 companies from 2003 to 2012. The purpose of this study is to investigate the relationship between EVA and working capital efficiency during the global financial crisis. According to the research findings that it is concluded that there is a significant relationship between EVA and ratios of compenents of working capital efficiency.