The Association between Economic Value Added, Market Value Added and Leverage

Read this article. You must be able to explain how market value added (MVA) is an element of shareholder value.

3. Research Methods

3.4 Data Collection and Sampling Design

The present study used secondary data for the analysis. As the key sources of data, financial statements consisting of balance sheets and income statements were used. Moreover, data were gathered via reference to the review of different articles, papers and relevant prior studies. Convenience sampling technique has been used to draw the sample from the Banks, Finance and Insurance sector. The sample of this study was confined to the 6 quoted private Sri Lankan banks representing the timeframe of 3 years from 2011 to 2013