Abstract:
The purpose of this study is to investigate the relationship between value-based management score and financial performance. To gather information about this subject, financial information of 86 companies listed in Tehran Stock exchange for the period 1382-1391 was examined. The companies were sorted based on six main measurement tools. In these ranking, there kind of measurement, value-added, discount cash flow, weighted average cost of capital and return on invested measurement tools were considered. Then relation between VBM’ s score and financial performance score was investigated. The result show there is high relation between VBM’ s score and financial score. Among these tools, value-added tools have the highest relationship.
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