Application of technology to increase economic value and consumer preferences of tilapia, stingray and cow leather products

Abstract Technological innovation in the business world can immediately increase the novelty, economic value, added value & market segment of commercial products. Preservation, tanning & processing technology can increase the novelty, economic value & market segment of commercial leather products. The objective of the research is to examine the impact of technological innovation on the economic value, added value & consumer preferences for fish leather products. This study uses market segmentation, value-added, consumer preferences and descriptive methods. The economic value of commercial fish skin products are as follows: (1) preservation technology produces economic value of fresh tilapia skin of IDR 3,000 per sheet, stingray skin of IDR 50,000 & cowhide of IDR 5,000; (2) tanning technology produces economic value for tilapia skin of IDR 7,500 per sheet, stingray skin of IDR 125,000 and cowhide of IDR 10,000; (3) the design and technology of processing a 3-in-1 tilapia skin wallet produces an economic value of IDR 300,000; 3-in-1 stingray skin wallet for IDR 400,000 & 3-in-1 cowhide wallet for IDR 240,000. The added value of the 3-in-1 tilapia skin wallets is IDR 441,000; stingray leather wallet which is IDR 650,000 & 3-in-1 cowhide wallet is IDR 235,000. The average value of consumer preferences for commercial tilapia, stingray & cow leather wallets are 85%, 90% & 75%. The highest consumer preferences are based on the attributes of color, shape and price.

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KOMPARASI KINERJA KEUANGAN MELALUI PENDEKATAN ECONOMIC VALUE ADDED (EVA) PADA PERUSAHAAN TRANSPORTASI DI JAKARTA

Jurnal Riset Manajemen dan Bisnis (JRMB) Fakultas Ekonomi UNIAT ◽

10.36226/jrmb.v3is1.140 ◽

2018 ◽

Vol 3 ◽

pp. 223-232

Author(s):

Dwi Urip Wardoyo

Keyword(s):

Financial Performance ◽

Service Industry ◽

Economic Value ◽

Value Added ◽

Added Value ◽

Economic Value Added ◽

Test Analysis ◽

Transportation Service ◽

Income Statement

This study aims to compare financial performance through profitability generated by two market participants in the witness transportation service industry in Jakarta, namely PT. BB compared to PT. ETU, this assessment is measured not limited to the profit generated but more than that by measuring financial added value through the concept of Eonomic Value Added produced by the two companies. The population in this study were all taxi transportation service companies in Jakarta. The sampling method selected two taxi companies that have the largest market share in DKI Jakarta, namely BB Taxi and ETU Taxi. The test analysis used in this study is ratio analysis through profit calculation and economic added value from the annual income statement. This study shows that there are (a) determination of the ratio of profit levels, (b) Determination of the comparison of economic value added of the two companies. Keywords : Financial performance, Economic Value Added (EVA)

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Sensitivity analysis of Economic Value Added as a dominant indicator of concept of economic profit

SHS Web of Conferences ◽

10.1051/shsconf/202112903014 ◽

2021 ◽

Vol 129 ◽

pp. 03014

Author(s):

Dusan Karpac ◽

Viera Bartosova

Keyword(s):

Sensitivity Analysis ◽

Economic Value ◽

Value Added ◽

Economic Value Added ◽

Financial Status ◽

Economic Profit ◽

Methods Of Synthesis ◽

The Difference ◽

Individual Variables ◽

The Impact

Research background: The modern goal of enterprises, value creation, is achieved through the concept of economic profit. Profit, as part of profit or loss, is one of the most important flows, pointing to how efficiently corporate capital is used in an entity (Coatney & Poliak, 2020). The article deals with the difference between accounting and economic profit, the selected form of economic profit - the EVA indicator. The economic value added (EVA) indicator is one of the best-known modern indicators of a company's performance (Siekelova et al., 2019). It shows whether the given entity increases its value or only earns for its economic survival. The benefit of this indicator is the valuation of equity and taking into account the risk. It is difficult to express the economic profit itself, therefore the article also addresses the issue of its calculation (Shah et al., 2016). The company needs to know its financial status and the direction it is heading, so we decided to calculate a selected form of economic profit. Purpose of the article: The company needs to know its financial status and the direction it is heading, so we decided to calculate a selected form of economic profit. When expressing the value of the economic value added indicator, it is also important to know the items and components of the calculation that have the strongest meaning and effect on the possible amount of the indicator. Given this, we decided to use a sensitivity analysis, which points to the effect of individual variables that participate in the construction of the EVA calculation. Methods: In this work, the methods of induction, deduction, and comparison were used to obtain a true picture of the subject issue. Methods of synthesis and analysis of the researched issues were also used. Findings & Value added: In the paper there is pointed out the intensity of the impact of individual variables that entered into the calculation of the economic value added indicator as a dominant indicator of concept of economic profit.

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Liquidity and the Performance of the Nigerian Manufacturing Firms: an Economic Value-added Approach

WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT ◽

10.37394/232015.2021.17.5 ◽

2021 ◽

Vol 17 ◽

pp. 47-55

Author(s):

Olusegun Osho ◽

Alexander Ehimare Omankhanlen ◽

Mojisola Fasanmi ◽

Victoria Akinjare

Keyword(s):

Manufacturing Industry ◽

Economic Value ◽

Value Added ◽

Economic Value Added ◽

Economic Sectors ◽

Manufacturing Firm ◽

Development Indicators ◽

And Performance ◽

The Impact

Considering the possibility of finding a gap and a room for improvement, so much have been written about liquidity and performance. Notwithstanding, the emphasis has been on profitability as a yardstick for performance and little has been done on other areas of performance measurement. The emphasis has also been more on various economic sectors with the exception of the manufacturing industry. This paper intends to look at the impact, if any, of liquidity provision and availability on Nigeria’s manufacturing firm’s performance from the perspective of Economic Value Added (EVA). Economic value-adding is beyond just profitability or liquidity. The firm's value to the stakeholders, its sustainability and long-term values are defined. The study would apply liquidity theories, profitability and the economic value-added theories as it applies to a manufacturing firm in a developing economy like Nigeria. On its methodology, the article data is obtained from the World Bank’s World Development Indicators-WDI and then a regression analysis will be run on the data using the SPSS software and then an analysis of the results of the regression. The last section of the article would conclude and make recommendations from the study outcome and the empirical analysis with respect to the theories.

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The Impact of the General Level of Prices and Operating Profit on Economic Value Added (EVA) (Analytical Study: ASE 2001 - 2015)

Asian Social Science ◽

10.5539/ass.v13n11p142 ◽

2017 ◽

Vol 13 (11) ◽

pp. 142

Author(s):

Ebraheem Al Taha'at ◽

Mohammad Abdel Mohsen Al-Afeef ◽

Saqer Al Tahat ◽

Muhannad Akram Ahmad

Keyword(s):

Analytical Study ◽

Cost Of Capital ◽

Positive Impact ◽

Economic Value ◽

Value Added ◽

General Level ◽

Sales Volume ◽

Economic Value Added ◽

Operating Profit ◽

The Impact

This study aims to show the importance of the economic value added as one of the most modern to measure the financial performance for firms, then to know the effect of the general prices level and earnings before interest and taxes on EVA in the companies listed in (ASE) (2006-2015), the researcher addresses a random sample consisting of (46) Company, and uses regression model, which connects the dependent and independent variables.The results of the study shows that There is a significant impact for the general prices level and the earnings before interest and taxes on the economic value added, and also shows that 22% of the changes in the economic value added are due to general prices level and earnings before interest and taxes, and 78% of the changes are due to other factors.This study also recommends the need to manage of operating expenses because of the positive impact of operating profit on EVA value, and to take inflation into account when calculating the value of EVA, and also searching for other factors that could affect the value of EVA such as sales volume, cost of capital, and the growth in the total assets of the company's financial leverage, etc…

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Determining the impact of Capital Structure on Economic Value Added with reference to select Pharmaceutical companies listed in National Stock Exchange

Asian Journal of Management ◽

10.5958/2321-5763.2018.00054.9 ◽

2018 ◽

Vol 9 (1) ◽

pp. 347

Author(s):

Geetanjali Purswani ◽

Anand Raj

Keyword(s):

Capital Structure ◽

Stock Exchange ◽

Economic Value ◽

Value Added ◽

Pharmaceutical Companies ◽

Economic Value Added ◽

The Impact

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IMPLEMENTASI CORPORATE SOCIAL RESPONSIBILITYBERDASARKAN KONSEP TRIPLE BOTTOM LINE PT BANK SYARIAH XYZ TAHUN 2018,2019 dan 2020

Jurnal Ekonomi dan Bisnis (EK&BI) ◽

10.37600/ekbi.v4i1.235 ◽

2021 ◽

Vol 4 (1) ◽

pp. 393-402

Author(s):

Fajar Ardhiansyah ◽

◽

Pramelani Pramelani ◽

Keyword(s):

Quantitative Research ◽

Economic Value ◽

Triple Bottom Line ◽

Value Added ◽

Economic Value Added ◽

Bottom Line ◽

Business World ◽

Positive Tendency ◽

Performance Report ◽

Corporate Social

Companies in enhancing a good image or image need social thinking which is not only concerned with seeking profit only in the business world. All social activities are carried out by corporate social responsibility. Therefore this research was conducted to determine the implementation of corporatesocial responsibility (CSR) carried out by PT Bank Syariah XYZ. The sample of this research is the financial performance report of PT Bank Syariah XYZ using quantitative research and data analysis techniques using the measurement of the Triple Bottom Lineconcept of PT Bank Syariah XYZ in 2018, 2019 and Q3 2020 with the EVA (Economic Value Added) method. The results obtained from this study are that the EVA number always has a positive tendency or is greater than zero, as a result it proves that CSR activities have an influence on Value added for entrepreneurs. The results of this triple bottom line measurement have been tested to be able to assess whether or not there is an EVA from the CSR of PT Bank Syariah XYZ which produces benefits from year to year. XYZ Syariah Bank annually throughout 2017–3rd quarter 2020.Keywords: Corporate Social Resposibility, Triple Bottom Line, Economic Value Added

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ANALISIS KINERJA KEUANGAN DENGAN METODE ECONOMIC VALUE ADDED (EVA) PADA PT. FAST FOOD INDONESIA Tbk.

HUMANIS: Jurnal Ilmu-Ilmu Sosial dan Humaniora ◽

10.52166/humanis.v11i1.1425 ◽

2019 ◽

Vol 11 (1) ◽

pp. 69-74

Author(s):

Fatichatur Rachmaniyah ◽

Arief Yuswanto Nugroho

Keyword(s):

Qualitative Research ◽

Financial Performance ◽

Fast Food ◽

Quantitative Data ◽

Economic Value ◽

Value Added ◽

Added Value ◽

Economic Value Added ◽

Data Types ◽

Research Analysis

This study aims to analyze the financial performance of PT. Fast Food Indonesia in 2013-2017 with the approach of Economic Value Added (EVA). This type of research is descriptive qualitative research with quantitative data types, because this study examines a case at PT. Fast Food Indonesia Tbk which is carried out intensively, deeply and comprehensively. The research analysis of financial performance of PT. Fast Food Indonesia, produces EVA> 0 (positive value), this can be said that the company has good financial performance. However, when viewed from the accumulation of calculation data from the 2013-2017 period, the EVA value fluctuated quite significantly and tended to decline, but it still could produce economic added value.

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Rebuilding the concept of kaamilah sharia value added with the Qur'anic morals

International Journal of Research in Business and Social Science (2147-4478) ◽

10.20525/ijrbs.v10i4.1178 ◽

2021 ◽

Vol 10 (4) ◽

pp. 355-362

Author(s):

Naimatul Hasanah Hasanah ◽

Iwan Triyuwono ◽

Ali Djamhuri

Keyword(s):

Data Collection ◽

Qualitative Method ◽

Economic Value ◽

Value Added ◽

Added Value ◽

Economic Value Added ◽

Literature Study ◽

Main Concept ◽

Study Research

This study aims to build the new concept of sharia value added. Value added is the main concept of measuring income to find out the performance of an entity. Meanwhile, the sharia value added is the economic, mental and spiritual value added. The kaamilah sharia value added with the Qur'anic morals is a construction of the value added concept. This study used a qualitative method with the type of literature study research, namely research in which data collection was carried out by collecting data from various literatures. The results of this study were the concept of kaamilah sharia value added with the Qur'anic morals, namely economic value added (in the form of money), mental and spiritual value added (in the form of altruistic sense, pleasure, brotherhood sense, justice, truth, honesty and trust, preserves nature, and the sense of God's presence) which is obtained, processed, and distributed in a halal manner and in which morals are attached as a vein in all aspects of life to carry out the mandate and responsibility of the intrinsic owner of property, namely God.

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NILAI TAMBAH CORPORATE SOCIAL RESPONSIBILITY DAN INTELLECTUAL CAPITAL: SEBUAH PERSPEKTIF FOUR VALUE ASSESSMENT

El Muhasaba Jurnal Akuntansi ◽

10.18860/em.v3i1.2344 ◽

2013 ◽

Vol 3 (1) ◽

Author(s):

Mirna Amirya

Keyword(s):

Corporate Social Responsibility ◽

Intellectual Capital ◽

Economic Performance ◽

Economic Value ◽

Value Added ◽

Added Value ◽

Value Assessment ◽

Economic Value Added ◽

Share Prices ◽

Corporate Social

This paper described the added value of Corporate Social Responsibility (CSR) and Intellectual Capital (IC) viewed from the perspective of four value assessment. Four value assessment consisted of economic performance, reputation value, parenting advantage, and spiritual value. The conclusion showed that based on the perspective of four value assessment, added value of economic performance used the formula of Economic Value Added (EVA) for CSR and Value Added Intellectual Capital (VAIC) for IC, reputation value used share prices and reputation quotient, parenting advantage used the company's strategy, and spiritual value used charity value.

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Analisis Kinerja Keuangan Pada PT. Bumi Sarana Utama Menggunakan Metode Economic Value Added (EVA)

Jurnal Syntax Fusion ◽

10.54543/fusion.v1i11.102 ◽

2021 ◽

Vol 1 (11) ◽

pp. 762-775

Author(s):

Mansurya Mansurya ◽

Abdi Akbar Idris ◽

Anwar Anwar

Keyword(s):

Data Collection ◽

Capital Structure ◽

Financial Performance ◽

Economic Value ◽

Value Added ◽

Negative Trend ◽

Added Value ◽

Economic Value Added ◽

Operating Profit ◽

Operational Activities

This study aims to analyze the financial performance of PT. Bumi Sarana Utama during 2015 to 2019 using the method Economic Value Added (EVA). Data collection used using documentation techniques. The results showed that the value of the Economic Value Added (EVA) of PT. Bumi Sarana Utama during 2015, 2016, 2018, and 2019 was negative (EVA < 0) which means the company is not able to provide or generate economic added value in its operational activities. Even though they had a positive value in 2017, they could no longer maintain this condition in 2018 and 2019. This was due to a consistent decline in operating profit (NOPAT) and changes in the capital structure whose value fluctuated and tended to decline as a result of the changing urgency of asphalt demand. to the concrete and make the EVA value of PT. Bumi Sarana Utama continues to have a negative trend.

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