EL EFECTO DEL EVA SOBRE EL RETORNO DE LA ACCIÓN DE LAS PRINCIPALES EMPRESAS QUE COTIZAN EN LA BOLSA


Autores
    JUAN CARLOS LEZAMA
    MIGUEL ANGEL LAVERDE
    JORGE FERNANDO CARRILLO

Resumen
    La generación de valor es un concepto que asegura que una empresa tenga un buen desempeño y perdure en el tiempo; es así como las empresas para medirlo usan el EVA u otras medidas financieras con el fin de supervisar la gestión. Por lo tanto, esta investigación pretende evaluar si el EVA tiene algún efecto sobre el retorno de la acción de las principales empresas que cotizan en la bolsa de valores de Colombia para los periodos 2009 al 2018. Se encuentra que en general las empresas cotizantes han creado valor económico a pesar de la caída de los precios en la Bolsa de Valores, y que el sector que más lo ha hecho es el financiero.
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