IAS15 inflation adjustments and EVA: empirical evidence from a highly variable inflation regime
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | IAS15 inflation adjustments and EVA: empirical evidence from a highly variable inflation regime | |
| Creator | Erasmus, Pierre | |
| Description | Inflation can have a pronounced effect on the financial performance of a firm. This study makes inflation adjustments to a firms cost of sales, depreciation, level of gearing and assets in line with International Accounting Standard 15 (IAS15) in order to calculate an inflation-adjusted version of the economic value added (EVA) measure. The study was conducted using data from South African industrial firms during a period characterised by highly variable inflation levels (1991-2005). The results indicate that during this period there were significant differences between the nominal and real values of the firms EVAs | |
| Publisher | AOSIS Publishing | |
| Date | 2011-08-22 | |
| Identifier | 10.4102/sajems.v12i2.273 | |
| Source | South African Journal of Economic and Management Sciences; Vol 12, No 2 (2009); 147-161 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/273/91
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