Paper Title
Examination of EVA Dominating other Select Financial Ratios of Nifty Firms

Abstract
This paper is an attempt to examine the domination of EVA over other select financial ratios, MVA, FCFE, OCE & ROE in explaining the stockprice(withonelag) of Nifty listed firms over a period of 18 years. The model was constructed based on generalized least squareseconometric equation using fixed effect model. This panel regression equation was run which produced a very statistically significant result at 10% alpha. The results displayed that EVA did dominate over its other counterparts, FCFE, ROCE and ROE; in the case of MVA it could not outperform it. The results were consistent with similar studies conducted in India and concurs with the larger proponents of EVA. Keywords - JEL G320, Financial Ratios, Value of Firm, Capital, EVA, WACC