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The EVA myth: China's accountancy strategy is failing

China ditched ROE and adopted EVA to measure company performance in 2010, but the US export is turning out to be a mismatch.
The EVA myth: China's accountancy strategy is failing

The unofficial report card of the SOE regulator’s trial of Economic Value Added (EVA) is out: China’s CFOs and accounting experts said the move has done little to change the status quo.

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