Abstract:

Purpose of the article: Managers use EVA (economic value added) technique for measuring of value creation. This article provides explanation of EVA, how to measure EVA, value added and how it is used by companies. And finally, it provides an explanation of EVAS (Expanded value added statement). EVAS applies social and environmental aspects. These aspects are important over time. It helps companies to account for sustainabilty. This article also provides explanation three pillars of sustainability. Methodology/methods: Compare EVA and value added in industry sectors in the Czech Republic. Numbers are obtained in statements.  Findings: Companies in the Czech Republic use EVA equity. Compare value added and disposal value among the stakeholders. Conclusions: Value added is mostly lower than disposal value among the stakeholders.