ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005

Capital is an important component that determines company’s operation. Issuing stock would be effective if it can add value to the company economically. One approach that can be implemented for company valuation is Economic Value Added (EVA), which takes into account the cost of capital. This cost i...

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Main Authors: SEFCHO RIZAL, M.M. RATNA SARI
Format: Article
Language:English
Published: Universitas Udayana 2008-01-01
Series:Jurnal Ilmiah Akuntansi dan Bisnis
Subjects:
Online Access:https://ojs.unud.ac.id/index.php/jiab/article/view/2564
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spelling doaj-2a6a0b02b3e54baab3ea9281e86b769d2020-11-24T21:57:24ZengUniversitas UdayanaJurnal Ilmiah Akuntansi dan Bisnis2302-514X2303-10182008-01-012564ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005SEFCHO RIZALM.M. RATNA SARICapital is an important component that determines company’s operation. Issuing stock would be effective if it can add value to the company economically. One approach that can be implemented for company valuation is Economic Value Added (EVA), which takes into account the cost of capital. This cost is formerly abandoned by companies, although it is very crucial in value creation for the company. This research tries to asses company’s financial performance using EVA approach and correlate it to stock price. Research objects cover transportation service companies listed on the Jakarta Stock Exchange (JSX) during period of 2003-2005. The companies have important roles in mobilizing product and services needed by society. The result shows that most transportation companies listed on the JSX during 2003- 2005 have not able to create economic value added. Result of correlation analysis shows that the relationship between EVA value and stock price is not in the same direction (negative), very weak, and not significant.https://ojs.unud.ac.id/index.php/jiab/article/view/2564economic value added analysis, stock price.
collection DOAJ
language English
format Article
sources DOAJ
author SEFCHO RIZAL
M.M. RATNA SARI
spellingShingle SEFCHO RIZAL
M.M. RATNA SARI
ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005
Jurnal Ilmiah Akuntansi dan Bisnis
economic value added analysis, stock price.
author_facet SEFCHO RIZAL
M.M. RATNA SARI
author_sort SEFCHO RIZAL
title ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005
title_short ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005
title_full ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005
title_fullStr ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005
title_full_unstemmed ANALISIS ECONOMIC VALUE ADDED (EVA) DALAM HUBUNGANNYA DENGAN HARGA SAHAM PADA PERUSAHAAN JASA TRANSPORTASI YANG LISTING DI BURSA EFEK JAKARTA PERIODE 2003—2005
title_sort analisis economic value added (eva) dalam hubungannya dengan harga saham pada perusahaan jasa transportasi yang listing di bursa efek jakarta periode 2003—2005
publisher Universitas Udayana
series Jurnal Ilmiah Akuntansi dan Bisnis
issn 2302-514X
2303-1018
publishDate 2008-01-01
description Capital is an important component that determines company’s operation. Issuing stock would be effective if it can add value to the company economically. One approach that can be implemented for company valuation is Economic Value Added (EVA), which takes into account the cost of capital. This cost is formerly abandoned by companies, although it is very crucial in value creation for the company. This research tries to asses company’s financial performance using EVA approach and correlate it to stock price. Research objects cover transportation service companies listed on the Jakarta Stock Exchange (JSX) during period of 2003-2005. The companies have important roles in mobilizing product and services needed by society. The result shows that most transportation companies listed on the JSX during 2003- 2005 have not able to create economic value added. Result of correlation analysis shows that the relationship between EVA value and stock price is not in the same direction (negative), very weak, and not significant.
topic economic value added analysis, stock price.
url https://ojs.unud.ac.id/index.php/jiab/article/view/2564
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AT mmratnasari analisiseconomicvalueaddedevadalamhubungannyadenganhargasahampadaperusahaanjasatransportasiyanglistingdibursaefekjakartaperiode20032005
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