EVAw (Economic Value Added) is a commercial value-based performance metric, advocated by Stern Stewart and Co.
and a variant of residual income. In a series of articles, Grinyer has made an important UK contribution to this literature (e.g. Grinyer, 1985).
Grinyer has proposed a special case of residual income (which he calls Earned Economic Income (EEI)) as a single-period