1998 Tappi Engineering Conference Value Creation Trends Implications in The North American Pulp, Paper, Forest Products industry

摘要

The following paper highlights the importance of shreholder value creation for the North American pulp, paper, and forest products industry. It presents a framework for measuring value creation performance based on generally accepted financial principals. These measures include Economic Value Added(EVA'), Capital productivity(CP), Market Value Added(MVA), and Rate of market Capitatlization (RMC). These measures indicated that the North American pulp & paper industry has destroyed over