Calculate Top Management Performance

One of the problems of evaluating CEO output is based on the industry group, or we can say, does he follow short or long policy? It is difficult to judge how well a CEO is doing. Nearly all firms are moving heavier reliance on bonuses. Still we need to connect the compensation by the company performance. In this research, I will start with EVA "Economic Value Added" as one of the best way to evaluate the corporate performance. What I argue is using EVA for CEO's evaluation; simply I mean that company output is not CEO output. Starting with economic value added 'EVA'; I will calculate the performance of the top management, which I will name it NEVA "Net Economic Value Added".

Autorentext

Consultant, Dr. Reda Sabry, PMP, RMP, SP, PMOC, PSP, CCP, CPD, Prince2, PPMC. Doctorate of Business Administration, DBA. M.Sc. of Construction Management. First Engineer in the Middle East Certified as "Projects Director" from IPMA. First Engineer in Egypt to become PPMC - Program and Portfolio Management Consultant from IPMA (www.ipma.ch).