Relationship Analysis between EVA, EPS, ROA, ROE on MVA for Measuring Financial Performance Case Study on Telecommunication Operator Companies Listed In IDX Period 2011-2016
Authors
Kusnadi Kadar, Brady Rikumahu
Corresponding Author
Kusnadi Kadar
Available Online November 2017.
- Keywords
- Economic Value Added (EVA), Earning Per Share (EPS), Return on Assets (ROA), Return on Equity (ROE), Market Value Added (MVA)
- Abstract
The main objective of this study was to examine the relationship between EVA, EPS, ROA, ROE on shareholder value as represented by MVA on telecommunication operator companies which listed on the Indonesia Stock Exchange with the observation period 2011-2016. Results of analysis, independent variables EVA, EPS, ROA and ROE have significant relationship on MVA as dependent variable. On partial correlation analysis result, EVA and ROE have significant relationship to MVA, EPS and ROA have no significant relationship to MVA.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Kusnadi Kadar AU - Brady Rikumahu PY - 2017/11 DA - 2017/11 TI - Relationship Analysis between EVA, EPS, ROA, ROE on MVA for Measuring Financial Performance Case Study on Telecommunication Operator Companies Listed In IDX Period 2011-2016 BT - Proceedings of the 3rd International Conference on Transformation in Communications 2017 (IcoTiC 2017) PB - Atlantis Press SP - 276 EP - 279 SN - 2352-5398 UR - https://www.atlantis-press.com/article/25902405 ID - Kadar2017/11 ER -