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Irina TACHE
The paper proposes to compare a series of indicators used for measuring shareholders value such as: total shareholder value, economic value added, market value added, cash value added or cash flow return on investment. In the first part of the paper there are presented the concepts of shareholder value, creating value and value-based management. The second part is practical and here there are presented, exemplified and discussed a series of indicators used for measuring shareholder value, based on the public financial data of the American company Wal-Mart.
Keywords: Market Value Added, economic value added, shareholder value, value based management
JEL: G39
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Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti

Tudor Constantin BĂLAN
University of Oxford

Marius-Cristian PANĂ
Academia de Studii Economice din Bucureşti

Adela BĂLAN
Academia de Studii Economice din Bucureşti

Ana Octavia ALBU
Academia de Studii Economice din Bucureşti

Adrian-Ioan DAMOC
Academia de Studii Economice din Bucureşti

Emmanuel Olusegun STOBER
Academia de Studii Economice din Bucureşti

Sorin-Nicolae CURCĂ
Academia Română

Florin DĂNESCU
Academia de Studii Economice din Bucureşti

Alexandru POPOVICI
Academia de Studii Economice din Bucureşti

Mohammed AL-NASSERY
Universitatea Naţională de Apărare “Carol I”

Mihai LĂCĂTUŞ
Universitatea Babeş-Bolyai din Cluj-Napoca

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