ELI ROHMAWATI
Sekolah Pascasarjana Universitas Airlangga

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

REAKSI INVESTOR TERHADAP NILAI TAMBAH EKONOMI ELI ROHMAWATI; Andry Irwanto
Jurnal Ekonomi dan Bisnis Airlangga Vol. 28 No. 2 (2018): JURNAL EKONOMI DAN BISNIS AIRLANGGA
Publisher : Fakultas Ekonomi dan Bisnis, Universitas Airlangga

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20473/jeba.V28I22018.94-104

Abstract

Introduction: This study aims to analyze investors' reactions to economic value added (EVA). Methods: This research uses quantitative methods. The research data was obtained from the Indonesia Stock Exchange and the annual financial reports of sample companies in the 2009-2012 period. Manufacturing companies are used in this study with a sample company of 34 companies. Results: The results of the study concluded that there was significant investor reaction around the date of the announcement of financial statements on companies that had positive economic value added (EVA) and significantly there were investors' reactions around the date of the announcement of financial statements on companies with negative economic value added (EVA). Conclusion and suggestion: Further researchers are expected to add other industrial sectors that can apply the EVA concept, and real data in determining the cost of debt (COD)