ECONOMIC VALUE ADDED (EVA) AS A PERFORMANCE MEASUREMENT FOR GLCS VS NON-GLCS: EVIDENCE FROM BURSA MALAYSIA.

This article discusses a study which employed economic value added (EVA) in an attempt to compare the performances of government-linked companies (GLCs) and non-GLCs in Malaysia. The results of the study showed that companies with government as their stakeholders tend to exhibit lower EVA scores than the companies without government stakeholders. The study also found that larger size companies have lower EVA values.