RoA gives an idea as to how efficient management is at using its assets to generate earnings

Godrej and its group companies make use of EVA (Economic Value Added) based compensation system formulated by Stern Stewart & Co. EVA-based financial management and incentive compensation system have been adopted by leading global corporations like Coca Cola, Bausch & Lomb, SPX Corp., Siemens, and many more. EVA gives managers superior information and motivation to take decisions that will maximize shareholder wealth in a company.

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Source:- IIPM Editorial

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