| Issue |
SHS Web Conf.
Volume 86, 2020
ICORE 2019 – The International Conference on Rural Development and Entrepreneurship
|
|
|---|---|---|
| Article Number | 01029 | |
| Number of page(s) | 8 | |
| DOI | https://doi.org/10.1051/shsconf/20208601029 | |
| Published online | 20 November 2020 | |
The Impact of Market Value Added to Shareholder Value: Evidence from Indonesia Firms
Faculty Economics and Business, Universitas Jenderal Soedirman, Indonesia
* Corresponding author: riodhani@unsoed.ac.id
Presently financial experts developed the new concept as a value-based measure of performance in the creation of shareholder value. Market value for shareholders are among the most important goals of firms and owners The purpose of this study is to obtain empirical evidence of Economic Value Added (EVA) affects shareholder value by the method of Market Value Added (MVA) The research using non-financial companies listed on the Stock Exchange from 2013-2017. The result is support that the Economic Value Added (EVA) positive effect on shareholder value or in other words, the higher EVA is the higher shareholder value. The larger the company greater shareholder value and Leverage negative effect on shareholder value as measured using the method of MVA.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.