Academia Open
Vol 5 (2021): December

Effect of Economic Value Added, Market Value Added, Earning per Share and Net Profit Margin on Stock Returns in Metal Companies Listed on the Indonesia Stock Exchange

Silvia Handayani (Universitas Muhammadiyah Sidoarjo)
Sriyono Sriyono (Universitas Muhammadiyah Sidoarjo)



Article Info

Publish Date
24 Dec 2021

Abstract

This study aims to determine the effect of Economic Value Added (EVA), Market Value Added (MVA), Earning Per Share (EPS) and Net Profit Margin (NPM) on Stock Returns in metal sub-sector companies listed on the Indonesia Stock Exchange (IDX). . The research method uses a quantitative approach. Data analysis used a regression model with Eviews 9 software. The sample of this study was 49 metal sub-sector companies listed on the IDX in 2013-2019. The results showed that Economic Value Added, Market Value Added, Earning Per Share, and Net Profit Margin together had no effect on stock returns. Partially Economic Value Added has no effect on stock returns, Market Value Added has a significant and positive effect on stock returns, Earning Per Share has no effect on stock returns, and Net Profit Margin has no effect on stock returns.

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Journal Info

Abbrev

acopen

Publisher

Subject

Agriculture, Biological Sciences & Forestry Arts Humanities Chemistry Computer Science & IT Earth & Planetary Sciences Economics, Econometrics & Finance Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Medicine & Pharmacology Physics Social Sciences Other

Description

Academia Open is published by Universitas Muhammadiyah Sidoarjo published 2 (two) issues per year (June and December). This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. This ...