Jurnal Mantik
Vol. 6 No. 2 (2022): August: Manajemen, Teknologi Informatika dan Komunikasi (Mantik)

Analysis Of The Influence Of Economic Value Added, Market Value Added, And Return On Investment On Stock Return With Company Value As Intervening Variables In Agricultural Sub Sector Companies Plantations

Dwi Setiyawan (Universitas Nasional Jakarta)
Andini Nurwulandari (Universitas Nasional Jakarta)



Article Info

Publish Date
12 Aug 2022

Abstract

This study aims to determine the effect of Economic Value Added, Market Value Added, and Return On Investment on stock returns mediated by firmvalue. The population of this study were 10 companies listed on the Indonesia Stock Exchange in the Agriculture Companies of the Plantation Sub-Sector. The analytical method used is descriptive analysis with Smart PLS v3.0 software. The results of this study indicate that: 1) Economic Value Added has a negative andinsignificant effect on firm value; 2) Market Value Added has a positive andsignificanteffectonCompanyValue; 3)Return on Investment has a positive and significant effect on Firm Value; 4) Economic Value Added has a negativeand insignificant effect on Stock Return; 5) Market Value Added has a positive and insignificant effect on Stock Return; 6) Return on Investment has a positiveand significant effect on Stock Return; 7) Economic Value Added has a positiveand insignificant effect on Stock Return through Company Value; 8) Market Value Added has a negative and insignificant effect on Stock Return through Company Value; 9) Return On Investment has a negative and insignificant effecton Stock Return through Company Value; 10) Firm Value has a negative andinsignificant effect on Stock Return. Agricultural companies in the plantation sub-sector need to pay attention to the value creation and use of their capital.

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Journal Info

Abbrev

mantik

Publisher

Subject

Computer Science & IT Economics, Econometrics & Finance Languange, Linguistic, Communication & Media

Description

Jurnal Mantik (Manajemen, Teknologi Informatika dan Komunikasi) is a scientific journal in information systems/informati containing the scientific literature on studies of pure and applied research in information systems/information technology,Comptuer Science and management science and public ...