Economic Value Added, dan Market Value Added Sebagai UkuranKinerja Keuangan Perusahaan (Studi Pada Perusahaan LQ45 Yang Terdaftar di BEI Periode 2016- 2018)

Abstract

aximizing company’s wealth and its shareholders is the main objective for a
company. Several measurement tools to determine company’s financial performance are
Economic Value Added (EVA) and Market Value Added (MVA). Financial performance can
represent the rate of return of wealth that has been generated for investors and the company
itself. This research has the objective to find out the result of companies’ financial
performance with Economic Value Added and Market Value Added on LQ45 companies
listed on the Indonesian Stock Exchange.
This type of research is quantitative descriptive which means a research that
conducted to find out the value of independent variable, either it has one variable or more
(independent) without making any comparison, or connecting any other variables. Samples
that this research used are LQ45 companies listed on the Indonesian Stock Exchange for the
period of 2016-2018.
The results are companies listed on LQ45 have positive Economic Value Added and
Market Value Added values, so that companies listed on LQ45 are in good condition and
companies have increased their wealth also its investors as well.
Keywords: Financial Performance, Economic Value Added (EVA) and Market Value Added
(MVA)