Rizki Aprilia Dwi Susanti
Management, Faculty of Economics, University of Tribhuwana Tunggadewi, Malang, Indonesia

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Analysis of Company Financial Performance Value Using the EVA (Economic Value Added) Method : A Study of State-Owned Bank Listed on the Indonesia Stock Exchange (IDX) 2020-2023 Frans Charles Yuniarto; Rizki Aprilia Dwi Susanti; Moh. Askiyanto
International Journal of Management and Business Vol. 3 No. 1 (2026): January
Publisher : International Research & Development for Human Beings (IRDH)

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Abstract

The aim of this research is to determine the financial performance of state-owned banks, namely Bank Mandiri, BRI, and BNI, in terms of Economic Value Added (EVA) analysis. This study employs a qualitative research method. The instruments for this research include financial reports from the state-owned banks Bank Mandiri, BRI, and BNI for the years 2020-2023. Data analysis uses Net Operating Profit After Tax (NOPAT), Invested Capital, Weighted Average Cost Of Capital (WACC), Capital Charges, and Economic Value Added (EVA) calculations. Overall, all three banks, Bank Mandiri, BRI, and BNI, consistently generated positive Economic Value Added (EVA > 0) during the period of 2020-2023, with an average overall EVA of Rp. 27,953,407 (in millions). This positive EVA value indicates that the three banks have successfully created economic value added for shareholders, where the net operating profit after tax (NOPAT) generated exceeds the capital charges incurred.
The Influence of Gender, Financial Literacy, and Financial Technology on Financial Management of Management Students of The 2021 Class, University of Tribhuwana Tunggadewi, Malang Rizki Aprilia Dwi Susanti; Moh. Askiyanto; Muhim Matur Rosidah
International Journal of Management and Business Vol. 3 No. 1 (2026): January
Publisher : International Research & Development for Human Beings (IRDH)

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Abstract

This study aims to determine the influence of gender, financial literacy, and financial technology on financial management in college students. This research uses a quantitative approach, focusing on hypothesis testing with statistical analysis tools and producing generalizable conclusions. The sample in this study was Management students from the 2021 intake of Tribhuwana Tunggadewi University, Malang. The test tool used was multiple linear regression analysis with SPSS 26 software. Data were collected through a questionnaire that included questions about gender, financial literacy, financial technology, and financial management. The results of this study indicate that gender, financial literacy, and financial technology have a positive and significant influence on student financial management. Good gender, financial literacy, and financial technology can help students achieve their financial goals and prevent financial problems.