scholarly journals PENGARUH ECONOMIC VALUE ADDED (EVA) DAN MARKET VALUE ADDED (MVA) TERHADAP RETURN SAHAM PERUSAHAAN OTOMOTIF DI INDONESIA TAHUN 2007–2010

El Dinar ◽  
2014 ◽  
Vol 1 (02) ◽  
Author(s):  
Putri Kurnia Widiati
Keyword(s):  
Stock Return ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Stock Exchanges ◽  
Good Prediction ◽  
Economic Value Added ◽  
Market Value Added ◽  
Important Position

<p>This study analyzed the effect of Economic Value Added (EVA), Market Value Added (MVA) of otomotif companies Stock return listed on stock exchanges Indonesia, because otomotif companies have an important position on Indonesian Economics.Population of this research are otomotif company that listed on the Stock Exchange of Indonesia from 2007–2010 with sensus sampling method and multiple regresion analysis to analyzed. For the parsial side Market Value Added (MVA) has an influence to stock return of Otomotif Company that listed on the Stock Exchange. To get the trust from investor, otomotif company should have good performance with a good value of Market Value Added, because Market Value Added has significant effect to stock return; and have a good prediction about another factor that influence the stock return wich used histories data for the indicator.</p><p> </p>

scholarly journals Pengaruh return on equity, earnings per share, economic value added, dan market value added terhadap return saham perusahaan sektor pertanian yang terdaftar di bursa efek indonesia periode 2010-2016

2018 ◽  
Vol 23 (1) ◽  
Author(s):  
Nastasya Cindy Hidajat
Keyword(s):  
Stock Return ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Return On Equity ◽  
Panel Data Regression ◽  
Data Regression ◽  
Market Value Added

The purpose of this research was to test the effect of return on equity, earning per share, economic value added, and market value added to stock return of agriculture firm that listed at Indonesian Stock Exchange in the period of 2010-2016 either partially or simultaneously. This research used 77 samples. The method used is panel data regression analysis using EViews 6. The results showed that return on equity, earning per share economic value added, and market value added partially has positive significant influence on the stock return, and return on equity, earning per share, economic value added, and market value added simultaneously affect the stock return.

scholarly journals Stock Return Determinants In Stock Market Movements

2021 ◽  
Vol 2 (3) ◽  
pp. 273-280
Author(s):  
Suharmadi SUHARMADI ◽  
Suripto SURIPTO
Keyword(s):  
Cash Flow ◽  
Stock Return ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Residual Income ◽  
Economic Value Added ◽  
Earnings Per Share ◽  
Operating Cash Flow ◽  
Market Value Added

The purpose of this study was to examine the effect of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) on Stock Returns. Samples used in the study were 22 of LQ-45 index companies listed on the Indonesia Stock Exchange. This study uses multiple linear regression analysis, with partial hypothesis test (t test), simultaneous test (f test), and coefficient of determination (adjusted R). The results of this research indicate that there is an influence from the variable influence of Economic Value Added (EVA), Market Value Added (MVA), Residual Income (RI), Earnings Per Share (EPS) and Operating Cash Flow (OCF) ) towards Stock Return. This is because the company is able to create good performance so that investors can invest in the company.

scholarly journals (Setahun) Bali United IPO: Analisis Economic Value Added (EVA) dan Market Value Added (MVA)

MBIA ◽  
2020 ◽  
Vol 19 (3) ◽  
pp. 309-319
Author(s):  
Yeni Widyanti ◽  
Ryan Al Rachmat ◽  
Eka Sevtia Mesta
Keyword(s):  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Added Value ◽  
Economic Value Added ◽  
Financial Reports ◽  
Football Club ◽  
First Semester ◽  
Market Value Added

This study aims to analyze the financial performance of the Bali United Football Club, which is the first football club in Indonesia to be listed on the Indonesia Stock Exchange (IDX) in 2019. The sample used in this study is PT Bali Bintang Sejahtera Tbk which is a company that manages Bali United football club. The type of data used is quantitative data obtained from the IDX website and the club consisting of financial reports 2019. The analysis technique is carried out with a quantitative descriptive method using the Economic Value Added (EVA) and Market Value Added (MVA) methods. The results of the analysis show that 2018 - 2019 has not been able to create added economic value for the company. This is indicated by the negative EVA value for two consecutive years. Whereas in 2020, which can be seen from the semester report per June 2020, the company's EVA value shows positive results, this is a good step for the company considering that the financial statements in the first semester of the company were able to produce a fairly high NOPAT, this also had an influence on the EVA value which positive which means the company has been able to create added value for the company.   Abstrak Penelitian ini bertujuan untuk menganalisis kinerja keuangan Klub Sepak Bola Bali United yang merupakan klub sepak bola pertama di Indonesia yang listing di Bursa Efek Indonesia (BEI) pada tahun 2019. Sampel yang digunakan dalam penelitian ini adalah PT Bali Bintang Sejahtera Tbk yang merupakan induk perusahaan yang mengelola klub Bali United. Jenis data yang digunakan adalah data kuantitatif yang diperolah dari situs BEI dan klub yaitu laporan keungan tahun 2019. Tekknik analisis dilakukan dengan metode deskriptif kuantitatif yakni menggunakan metode Evonomic Value Added (EVA) dan Market Value Added (MVA). Hasil analisis menunjukkan tahun 2018 – 2019 belum bisa menciptakan nilai tambah ekonomi bagi perusahaan. Hal ini ditunjukkan dengan nilai EVA yang negatif selamat dua tahun berturut-turut. Sedangkan pada tahun 2020 yang bisa dilihat dari laporan semester per Juni 2020 nilai EVA perusahaan menunjukkan hasil yang positif hal ini merupakan langkah yang baik bagi perusahaan mengingat laporan keuangan pada semester pertama perusahaan mampu menghasilkan NOPAT yang cukup tinggi hal ini juga membawa pengaruh terhadap nilai EVA yang positif yang berarti perusahaan telah mampu menciptakan nilai tambah bagi perusahaan. Kata kunci: Kinerja Keuangan, EVA, MVA

Pengaruh Rasio Keuangan, Economic Value Added, Dan Market Value Added Terhadap Harga Saham Perusahaan Terindeks Pefindo 25

2018 ◽  
Vol 26 (1) ◽  
pp. 29-47
Author(s):  
Dheni Indra Kusuma
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Small And Medium Enterprises ◽  
Economic Value ◽  
Market Price ◽  
Value Added ◽  
Market Value ◽  
Financial Ratios ◽  
Economic Value Added ◽  
Market Value Added

The capital market has been progressing very rapidly. The annual financial statements of companies listed on the Indonesia Stock Exchange have become one of the investor analysis tools to take a business action. The decision of the investor will affect the value of the company reflected through the stock market price of the company. Financial ratios are still trusted by investors as the basis for analysis in decision making. Methods of Economic Value Added, and Market Value Added emerged as an alternative complement information for investors to analyze and make decisions.This study aims to examine the influence of financial ratios, Economic Value Added, and Market Value Added on stock prices. The sample to be observed are companies that are included in the index PEFINDO 25. The growing of beginner investors and Small and Medium Enterprises that entered the Indonesia Stock Exchange became the basis of interest researchers to conduct this research. Hypothesis testing was performed by using crosssectional regression for each year observation from 2010-2015 and all pooled regression years. This study uses observational company data selected by purposive sampling year 2010-2015 from all companies listed in Indonesia Stock Exchange included in index PEFINDO 25. The results shows that variables of DER, PER, EVA, and MVA affects in the companies. Keywords: Financial Ratios, Economic Value Added, Market Value Added

scholarly journals Economic Value Added and Profitability on Created Shareholders Value in Manufacturing Sectors

2020 ◽  
Vol 76 ◽  
pp. 01051
Author(s):  
Sautma Ronni Basana ◽  
Ricky Julio ◽  
Christina Soehono
Keyword(s):  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Manufacturing Companies ◽  
Panel Data Regression ◽  
Value Added Model ◽  
Market Value Added ◽  
Year 2013

This study aimed to investigate the effect of economic value added and profitability on created shareholders value Fernandez model and market value added model in manufacturing companies listed on the Indonesia Stock Exchange period year 2013 to 2018. The samples are fifty Manufacturing companies enterprises listed on the IDX period year 2013 to 2018. Methods of data analysis were performed using panel data regression with pooled OLS model. The results of this analysis showed profitability has a significant effect on created shareholders value Fernandez model and market value-added model in manufacturing companies listed on the IDX period 2013 to 2018.

scholarly journals Analisis Kinerja Keuangan Dengan Metode Economic Value Added (EVA), Market Value Added (MVA), dan Financial Value Added (FVA)

2019 ◽  
Vol 20 (2) ◽  
pp. 200-210 ◽  
Author(s):  
Rahmah Arafati Masyiyan
Keyword(s):  
Financial Performance ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Sampling Technique ◽  
Economic Value Added ◽  
Analysis Techniques ◽  
Operating Profit ◽  
Market Value Added

EVA, MVA, and FVA analysis techniques are used to see better and more efficient financial performance of the company. This study aims to determine financial performance based on EVA (Economic Value Added) method, Market Value Added, and Financial Value Added in coal mining sub-sector companies listed on the Indonesia Stock Exchange. This study uses a descriptive quantitative method, with a purposive sampling technique in the coal subsector mining companies listed on the Stock Exchange and posting operating profit for the period 2014-2018.EVA results in this study are 6 companies with stock codes BYAN, DOID, ITMG, PTBA, SMMT, and TOBA which have positive EVA values over a period of 5 years. Then from this study there are MVA results that tend to be negative. There are 3 companies with stock codes DOID, ITMG, and PTRO that have negative MVA values each year for a period of 5 years. Then for the FVA value generated in this study, there are 3 companies that have negative FVA values each year during the study period, those companies are companies with stock codes DOID, KKGI, and PTRO.

scholarly journals PENGARUH ECONOMIC VALUE ADDED TERHADAP TOBIN Q DENGAN MARKET VALUE ADDED SEBAGAI VARIABEL INTERVENING

2018 ◽  
Vol 19 (1) ◽  
pp. 80
Author(s):  
Sri Hermuningsih
Keyword(s):  
Regression Analysis ◽  
Data Analysis ◽  
Firm Value ◽  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Manufacturing Company ◽  
Market Value Added

This study aims to analyze the effect of Economic Value Added on Tobin Q with Market Valueadded as intervening variable. The sample of this research is a manufacturing company listed onIndonesia Stock Exchange in 2011-2016. Data analysis using regression analysis. The resultsshowed that Economic Value Added did not affect Tobin Q and Market Value added (MVA)effect on Tobin Q. Market Value Added (MVA) did not become intervening variable betweenEVA and Tobin Q. Market Value added are not mediate Economic Value Added to Tobin QKeywords: Economic Value Added, Market Value Added, Firm Value

scholarly journals Analisis Kinerja Keuangan Perusahaan Dengan Menggunakan Metode Economic Value Added (EVA) Dan Market Value Added (MVA) Pada Perusahaan Rokok Yang Terdaftar Di BEI Tahun 2012-2016

2019 ◽  
Vol 1 (1) ◽  
Author(s):  
Ina Riawati ◽  
Kartika Yuliari ◽  
Dwi Joewarni
Keyword(s):  
Stock Exchange ◽  
Economic Value ◽  
Value Added ◽  
Secondary Data ◽  
Market Value ◽  
Added Value ◽  
Economic Value Added ◽  
Share Prices ◽  
Descriptive Research ◽  
Market Value Added

This study aims to measure and analyze financial performance using the method of Economic Value Added (EVA) and Market Value Added (MVA) in cigarette companies namely PT HM Sampoerna Tbk, PT Gudang Garam Tbk and PT Wismilak Inti Makmur Tbk. This type of research is descriptive research with a quantitative approach. This study uses secondary data in the form of financial statements of PT HM Sampoerna Tbk, PT Gudang Garam Tbk and PT Wismilak Inti Makmur Tbk for the period 2012-2016 which are published on the Indonesia Stock Exchange and share prices on Okesaham. The research results of cigarette companies that are sampled generally show positive EVA and MVA values, meaning that these companies have been able to create added value or the resulting profits have been able to meet expectations for the company's shareholders (investors) and are able to create or increase capital values has been invested by funders. Except for MVA calculations at PT. Wismilak Inti Makmur Tbk., Although in the years 20012 - 2014 had a positive MVA value, but in 2015-1016 the company suffered a loss and had a negative MVA value. Penelitian ini bertujuan mengukur dan menganalisis kinerja keuangan dengan menggunakan metode Economic Value Added (EVA) dan Market Value Added (MVA) pada perusahaan rokok yakni PT HM Sampoerna Tbk, PT Gudang Garam Tbk dan PT Wismilak Inti Makmur Tbk. “Jenis penelitian ini adalah penelitian deskriptif dengan pendekatan kuantitatif. Penelitian ini menggunakan data sekunder berupa laporan keuangan PT HM Sampoerna Tbk, PT Gudang Garam Tbk dan PT Wismilak Inti Makmur Tbk periode 2012-2016 yang terpublikasi di Bursa Efek Indonesia” serta harga-harga saham pada Okesaham. “Hasil penelitian perusahaan rokok yang dijadikan sampel pada umumnya menunjukan nilai EVA dan MVA yang positif, artinya perusahaan – perusahaan tersebut telah mampu menciptakan nilai tambah atau laba yang dihasilkan telah mampu memenuhi harapan bagi pemegang saham perusahaan (investor) dan mampu menciptakan atau meningkatkan nilai modal yang telah diinvestasikan oleh penyandang dana”. Kecuali untuk perhitungan  MVA pada PT. Wismilak Inti Makmur  Tbk., meskipun pada tahun 20012 – 2014 memiliki nilai MVA yang positif, tetapi pada tahun 2015-1016  perusahaan tersebut mengalami kerugian dan memiliki nilai  MVA yang negatif.

scholarly journals The Impact of Market Value Added to Shareholder Value: Evidence from Indonesia Firms

2020 ◽  
Vol 86 ◽  
pp. 01029
Author(s):  
Rio Dhani Laksana ◽  
Viviana Mayasari
Keyword(s):  
Stock Exchange ◽  
Shareholder Value ◽  
Economic Value ◽  
Value Added ◽  
Market Value ◽  
Economic Value Added ◽  
Negative Effect ◽  
Market Value Added ◽  
Measure Of Performance ◽  
The Impact

Presently financial experts developed the new concept as a value-based measure of performance in the creation of shareholder value. Market value for shareholders are among the most important goals of firms and owners The purpose of this study is to obtain empirical evidence of Economic Value Added (EVA) affects shareholder value by the method of Market Value Added (MVA) The research using non-financial companies listed on the Stock Exchange from 2013-2017. The result is support that the Economic Value Added (EVA) positive effect on shareholder value or in other words, the higher EVA is the higher shareholder value. The larger the company greater shareholder value and Leverage negative effect on shareholder value as measured using the method of MVA.

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