PENGARUH RETURN ON ASSET (ROA) DAN ECONOMIC VALUE ADDED (EVA) TERHADAP TINGKAT KEUNTUNGAN SAHAM PERUSAHAAN YANG GO-PUBLIC DI BURSA EFEK INDONESIA

UNIVERSITAS BINA DARMA, UNIVERSITAS BINA DARMA (2022) PENGARUH RETURN ON ASSET (ROA) DAN ECONOMIC VALUE ADDED (EVA) TERHADAP TINGKAT KEUNTUNGAN SAHAM PERUSAHAAN YANG GO-PUBLIC DI BURSA EFEK INDONESIA. PENGARUH RETURN ON ASSET (ROA) DAN ECONOMIC VALUE ADDED (EVA) TERHADAP TINGKAT KEUNTUNGAN SAHAM PERUSAHAAN YANG GO-PUBLIC DI BURSA EFEK INDONESIA.

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Abstract

Pengaruh Return On Asset (ROA) dan Economic Value Added (EVA) Terhadap Tingkat Keuntungan Saham Pada Perusahaan yang Go-Public di Bursa Efek Indonesia , Economic Value Added (EVA) believed as a strong tool in evaluating company’s performance and stock in the secondary market. Differ to conventional measures, EVA include cost of capital in the calculation. By using EVA, it can be measured whether an investment will creating or destroying value. This research is conducted to elaborate 2 (two) financial tools in evaluating the rate of stock return as dependent variable, while EVA and ROA as to independent variables those are represent conventional and contemporary tools. Problem identification in this research is “ROA and EVA correlated to stock return of LQ 45 partially and simultaneously”. This research conduct 1 (one) hypothesis: ROA and EVA correlate to stock return of LQ 45 partially and simultaneously. While the number of sample is 40 sample which are the highest number of sampling during 6 (six) period of years 2005 until 2010 of stock which include in LQ 45 group. Purposive sampling is used as a method of sampling. The test result with multiple regression analysis ROA and EVA factors influence simultaneously to the rate of stock return. Partially, ROA has only significant relation to the rate of stock return. From the statistical test only 6,7% Influence of ROA to the stock return and 93,3% explained the other factors excluded models. The result of this study conclude that ROA partially is a better performance yardstick than EVA. Key word : ROA, EVA and Rate of Stock Return.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Divisions:	Faculty of Engineering, Science and Mathematics > School of Geography
Depositing User:	Mr Edi Surya Negara
Date Deposited:	27 Jun 2022 04:09
Last Modified:	27 Jun 2022 04:09
URI:	http://eprints.binadarma.ac.id/id/eprint/16218

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