Pengaruh economic value added eva, market value added mva, profitabilitas, dan kebijakan dividen terhadap harga saham pada perusahaan property dan real estate di bursa efek indonesia 2012 2014. Economic value added from theory to action arabian group of. This research uses the descriptive quantitative method. This paper explains the concept of economic value added eva that is gaining popularity in india. Application of economic value added in the banking sector of iran. The object of this research is pt kalbe farma tbk with financial data from the year 2012 up to 2014. Economic value added eva sebagai konsep pengukuran. The economic value addition eva model, developed by a new yorkbased consulting f. A study of economic value added disclosures in the annual reports.
Is eva a superior measure of corporate performance. Economic value added in function of determining incentive compensation systems. Pdf business organizations of the 21st century, a century driven by globalization. Economic value added henceforth eva as a measure of co rporate performance measure in indian market. Zhao and wang 2012 showed that it is important and practical to replace traditional indicators with eva indicator in the performance evaluation of commercial banks. Eva economic value added analysis brazilian electricity sector the information contained herein is of a general nature and based on authorities that are subject to change. View economic value added research papers on academia. Pdf economic value added in function of determining incentive. Economic value added eva sebagai konsep pengukuran kinerja keuangan, jurnal manajemen, bahan kuliah manajemen, economic value added eva sebagai konsep pengukuran kinerja keuangan. Pengaruh economic value added eva, market value added. This validation would enable investors to use eva for investment decisions. For both the sectors, the economic value added shows weaker but positive. Annals of the university of petrosani, economics, 121, 2012, 3348. In this time invested capital and the weighted average cost of capital were increasing, nop at margin was.
Article information, pdf download for the key aspects of successful. Factors creating economic value added of mining company. The economic value added concept known also as eva is an add on to value, value based management and economic value eva is a method and a tool for quantification and measurement of the value. Value added and market value added in the context of an emergi ng market india. Theories which support eva are studied and analyzed in detail in the. The economic value added concept known also as eva is an add on to value. Pdf prior studies show that economic value added eva contributes little. Economic value added eva is a measure of a companys financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit, adjusted for taxes.
Prekmurje slovenehungarian and slovene istria sloveneitalian. The key aspects of successful implementation of economic value. In slovenia, there is institutional bilingualism in two ethnically mixed areas. Economic value added, or eva is one of the popular tools that bankers can use to measure the. Pdf factors creating economic value added of mining company. Article pdf available march 2017 with 3,365 reads how we measure reads. Pdf a study of economic value added disclosures in the. Economic value added from year to year decreased to a negative value in 2012. This study takes an effort to use the economic value added eva and market. December2012 page 1 calculation of eva eva nopat net operating. Pdf economic value added for performance evaluation. Tools and techniques for determining the value of any asset, 3rd ed, j. We also examine whether eva is a superior performance measure, both for corporate disclosure and.
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