مساهمة مؤشر القيمة الاقتصادية المضافة (EVA)‎ في تقييم الأداء المالي لقطاع المحروقات الجزائري بالإشارة الى شركة سونطراك خلال الفترة : (2012-2015)‎

Abstract EN

This study aims to measure the economic contribution of value-added index (EVA) in evaluation of financial performance of the company (SONATRACH) compared with the traditional indicators are represented in: return on assets (ROA), return on equity (ROE), return on sales (ROS), return on investment (ROI), which was measured financial performance for this company using various indicators these circumstances, as was estimated range of models to measure the correlation between them and the market value added (MVA).

This study concluded that the company (SONATRACH) achieved a positive economic values added during the study period (2012-2015), which indicates that it has a good economic performance, and also with the company achieved a market value-added is positive, and this shows the administration's success in raising the value Market Foundation in addition to helping achieve returns on invested capital increase.

In addition to the above study also concluded by (Eviews 8) that there was no relationship between the various indicators (ROE, ROA, ROS) and the added market value (MVA) when morale level is 5%, the study also revealed a positive correlation and strong correlation between economic value added (EVA) and market valueadded (MVA) the ability of explanatory estimated at 91%.