scholarly journals Corporate Financial Performance Analysis Due to The Issuance of Global Bond Using Economic Value Added (EVA) Method: Case Study of PT XYZ

Author(s):  
Yusufa Dibyoseputro ◽  
Junino Jahja
2014 ◽  
Vol 12 (1) ◽  
pp. 703-708 ◽  
Author(s):  
Reeta Shah ◽  
Arunima Haldar ◽  
S.V.D. Nageswara Rao

With increased emphasis on shareholder value addition, there has been an ongoing debate on choosing the right measure of corporate financial performance. There is need for a single measure of financial performance that not only measures corporate financial performance but also works as a financial flexibility tool. The financial performance measure employed by the firm measures the value generated by the firm. This necessitates the firms to choose the right performance tool which can reflect the accurate value added by the firm. We study the role and implications of Economic Value Added as a financial performance measure and further discuss its applicability as a tool for introducing financial flexibility. Flexibility is assessed by measuring the impact of organization’s competitiveness and performance. The findings reveal that EVA as a tool enables the corporate to differentiate between value-creating and value-destructing activities and helps managers in taking right decisions which enhances shareholder value. Thus, finally the research makes a case for managers to use EVA as a tool to provide additional information to investors. Interestingly, EVA can also be adapted as a corporate philosophy for motivating and educating employees


2018 ◽  
Vol 6 (3) ◽  
pp. 296-304
Author(s):  
Beta Deli Pratiwi ◽  
R. Deni Muhammad Danial ◽  
Dicky Joansyah

2018 ◽  
Vol 4 (1) ◽  
Author(s):  
Rezky Rahman Repon

This research is descriptive nature of case study research analytical tool used to determine and analyze the financial performance of telecommunications companies listing in BEI using EVA analysis. Assessment of financial performance is measured with the provision that if EVA ≥ 0, then provide economic value added to the company , if EVA ≤ 0 , then it does not give the company's.EconomicValueAdded.Based on the analysis of financial performance of telecommunications companies listed in Indonesia Stock Exchange fluctuated , In 2010 PT XL Xiata Tbk and PT Inovisi Infrcom tbk give Economic Value Added . In 2011, PT XL Xiata Tbk , PT Indosat Tbk , and PT Infracom Tbk , and PT Telekomunikasi Indonesia Tbk otherwise provide Economic Value Added and the year in 2012 Infracom PT Tbk and PT Indosat Tbk otherwise provide Economic Value Added ( EVA)≥0.Telecommunications companies that provide the greatest economic value added in 2011 was PT Telekomunikasi Indonesia tbk Based on the above conclusions , the authors recognize that these results are still far from perfect , due to the limitations of both the data and the object of research , because it is necessary for other researchers conducted research on EVA by using a longer period of study or research use another object. Keywords: Economic Value Added, Financial Performance, telecommunication Companies


Author(s):  
Dwi Urip Wardoyo

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)


2021 ◽  
Vol 13 (6) ◽  
pp. 3075
Author(s):  
Miguel Ángel Martín Valmayor ◽  
Beatriz Duarte Monedero ◽  
Luis A. Gil-Alana

In this paper, we examine the concept of the social balance sheet (SBS) and its evolution in corporate social reports that large companies have to issue today in their yearly statements. The SBS allows companies to evaluate their compliance with corporate social responsibility during a specific period and quantify its level of accomplishment. From a methodological perspective, this research analyzed the information that should be contained in the SBS report comparing economic value added (EVA) with other social value added statements (SVA), analyzing also in detail the case of Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) bank as one of the pioneers in offering social reports. Along with this study, their metrics following EVA were recalculated and a more academic SVA statement was proposed for this specific case.


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