Shareholder Value Added is one of the value based performance measures and helps to find out the value that accrues to the shareholders.
To analyse the Shareholder Value Added Economic Value Added and Market Value Added of select manufacturing companies included in BSE 100 Index.
Shareholder return = Shareholder value added / Equity market value (At the beginning of the year)
Table 5 provides data for the created shareholder value in rupees along with the increase of equity market value and shareholder value added.
NATIONAL CONSUMER SERVICES Fourth Quarter (dollars in millions) 1999 O(U)1998 O(U)3Q1999 Operating Revenues $2,503 2% -- % Cash Operating Earnings 426 2 (2) Shareholder Value Added 156 (3) (10) Cash Return on Common Equity 20.
Shareholder Value Added of $636 million was 52% better than in 1998 due to the improvement in earnings and the disciplined use of capital.
Shareholder Value Added 226 (20) Cash Return on Common Equity 18% --
Cash Operating Earnings $ 801 $ 1,122 (29%) Shareholder Value Added (SVA) 68 458 (85%)