Stern measures: In conversation with Joel Stern

Authors

• S Venkatesh, Indian Institute of Management Bangalore

Document Type

Discussions (Round Table)

Abstract

The financial evaluation tool that his company devised and grew. Elaborating on how it differs from the accountants’ measure of value and is an accurate measure of shareholder value, Stern claimed that EVA was emerging as a strong consulting practice in India, thanks to the sharpness of the quantitative side of the Indian brain. Defending EVA against Prof Zimmerman’s criticism, Stern strongly positioned EVA as a tool for evaluation, incentivization, and strategic decision making

Recommended Citation

Venkatesh, S (2001) "Stern measures: In conversation with Joel Stern," IIMB Management Review: Vol. 13: Iss. 3, Article 16.
Available at: https://research.iimb.ac.in/imr/vol13/iss3/16

Publication Date

9-1-2001

First Page

82

Last Page

90