Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Ilmiah Econosains

THE EFFECT OF ROA, NPM, EVA, AND MVA ON STOCK RETURN ON MANUFACTURING COMPANIES IN THE AUTOMOTIVE SUBSECTOR 2010-2019 Destria Kurnianti; Suherman; Arnianggi Kurnia Wardani
Econosains Jurnal Online Ekonomi dan Pendidikan Vol 19 No 1 (2021): Jurnal Ilmiah Econosains
Publisher : Fakultas Ekonomi Universitas Negeri Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to determine the effect of ROA, NPM, EVA, and MVA on stock returns in automotive manufacturing companies for the 2010-2019 period. The sample of this research is 7 manufacturing companies in the automotive sub-sector for the 2010-2019 period in Indonesia (38 observations). This research uses unbalanced panel data with a Fixed Effect Model approach. The theory used in this research is signal theory. Testing the data using panel data regression test, classical assumption test, coefficient of determination test, and hypothesis t-test. The test results show that Return On Assets (ROA) has a significant positive effect partially on stock returns, while Net Profit Margin (NPM), Economic Value Added (EVA), and Market Value Added (MVA) partially have a negative effect on stock returns.
Co-Authors A. W. S Waspodo, Agung Adjie, Raditya Nuswantoro Agha Reyhan Alkahfi Agung Dharmawan Buchdadi Agung Wahyu Handaru Akira Permata Sukma Amalia Amelia Salsa Sabila Amelia Sholeha Andyka Yudha Satria Putra Angella Priyatna Anggi Novia Fitriani Anggraini, Putri Nosalia Annisa Nurur Rahman Arnianggi Kurnia Wardani Ati Sumiati Atika Siti Hajar Auliani, Nur Andini Chandra, Sayyidatul Aisyah Abigail Alhabi CHOIRUL ANWAR Choirul Anwar Clarissa Mercyana Dalimunthe, Sholatia Danelia Eka Anisyana Dewi Susita Dwi Handarini Dwi Handarini, Dwi Edo S Siregar Eka Faradila Yasmin Feny Maulina Fitria Belinda Sari Fuadi Rachman Gatot Nazir Ahmad Gemah Putri Djaelani Hadistira, Valdi Hamidah, Hamidah Haneul Hanifah Gita Ramadhan Hera Khairunnisa I Gusti Ketut Agung Ulupui Ika Febrilia Indah Nuansa Bukusu Indra Pahala Jefri Jefri Karuniana Dianta Arfiando Sebayang Khairunnisa, Hera Mahfirah, Titis Fatarina Malzara, Vidia Ratu Balqis Marsofiyati Miftahul Zannah Mohd Hasimi Yaacob muhammad Rifki Septiawan MUHAMMAD YUSUF Muhammad Yusuf Mundhiharno Nabila Ramadhanti Nazir Ahmad, Gatot Nguyen, Tran Phuoc Oktafiani, Esther Putri Oktaviani, Nadia Indah Puji Wahono Qothrunnada, Qothrunnada Rahmi Ramadhan, Muhammad Zidane Ramli Ramli Ratna Anggraini Rd. Tuty Sariwulan Rena Lutfiana Ricky Rama Saputra Rida Nur Rochmah Rida Prihatni Rohim, Sas Rifky Namulfaqi safitri, gita Salma Rahmadani Sari, Rini Nurmala Saski Aulia Setyo Ferry Wibowo Shandy Aditya Shedo, Indah Sholahudin, Muhammad Sa’id Siregar, Muhammad Edo Suryawan Solikha , Solikha Sophie Hestia Putri Suherdi Suherman Suherman Suherman Suherman Suherman, Suherman Susan Febriantina Suthansyah, Irghy Tiara Indriani Umi Mardiyati Umi Mardiyati Umi Widyastuti Umi Widyastuti Widia Ayu Permatasari Wijaya, Andi Rizky Yaacob, Mohd Hasimi Zahro, Khalisatuz