The Use of Economic Value Added as a Benchmark for Evaluating the Performance of Agricultural Companies Listed in the Iraqi Stock Exchange for 2010-2015

Abstract

In order to achieve economic development, investment is one of the biggest economic dimensions with the capability of a playing a major role. As a result, it is considered indispensably urgent in the agricultural sector of Iraq for preparation towards dealing with the rapid change in the world. This will deal with challenges arise from the increase in the amount of imported agricultural goods, increase in local production costs, the need to join the World Trade Organization, open opportunities for investors and increase in market competition. Therefore, the efficiency of the performance of the companies contributing to the Iraqi Stock Exchange is measured by the value added economic criterion (standard) or using benchmark to encourage large number of potential investors who are willing to invest in companies that achieved added value.

Analysis of modern methods for increasing and managing the financial prosperity of businesses in the context of performance: a case study of the tourism sector in Slovakia

“…Therefore, we agree with the opinion of those authors who claim that by using this method, it is possible to classify businesses into performance fields and identify their financial threats. The EVA indicator as a benchmarking tool was used in the study presented by Ali (2018), which considered it as the most suitable metric to measure performance. Guermat et al (2019) examined the long-term effects of adopting the EVA indicator and confirmed that EVA adopters, relative to non-EVA adopters, results in an increase of the working capital cycle.…”