Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

Assessment of Company’s Financial Performance Using the Economic Value Added (EVA) Method

Case at PT. Bank Negara Indonesia (Persero), Tbk Period 2021

Authors
Devita Rahmawati1, Sri Murwanti1, *
1Department of Management, Faculty of Economic and Business, University Muhammadiyah of Surakarta, Surakarta, Indonesia
*Corresponding author. Email: sm127@ums.ac.id
Corresponding Author
Sri Murwanti
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_25How to use a DOI?
Keywords
Economic Value Added (EVA) Method; Financial Performance
Abstract

The objective of this study is to assess the financial performance of PT. Bank Negara Indonesia (Persero), Tbk for the period 2021, as measured by the Economic Value Added (EVA) method. This research is quantitative research, with the population used in this study is a banking sector financial technology company listed on the Indonesia Stock Exchange (IDX) in this study the subject used is PT. Bank Negara Indonesia (Persero), Tbk. In this study, the method used for data collection is the documentation method, by collecting the quarterly financial statements of PT. Bank Negara Indonesia (Persero), Tbk for the 2021 period. The measuring instrument used to measure research on this company is the Economic Value Added (EVA) method. This financial performance measurement can help investors in choosing and seeing which companies will provide benefits. The results of this study indicate that the EVA value is positive, which means that the management of PT. Bank Negara Indonesia (Persero), Tbk is able to increase and create profits even though it has not achieved maximum results.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
978-94-6463-204-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_25How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Devita Rahmawati
AU  - Sri Murwanti
PY  - 2023
DA  - 2023/10/04
TI  - Assessment of Company’s Financial Performance Using the Economic Value Added (EVA) Method
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 284
EP  - 294
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_25
DO  - 10.2991/978-94-6463-204-0_25
ID  - Rahmawati2023
ER  -