PENGARUH ECONOMIC VALUE ADDED (EVA), MARKET VALUE ADDED (MVA), ARUS KAS OPERASI DAN EARNING PER SHARE (EPS) TERHADAP RETURN SAHAM (STUDI KASUS PADA PERUSAHAAN INDEKS LQ 45 YANG TERDAFTAR DI BURSA EFEK INDONESIA)

  • FEVIN ANDRYANTO UNIVERSITAS PANCASILA
  • WIDARTO RACHBINI UNIVERSITAS PANCASILA
  • JMV MULYADI UNIVERSITAS PANCASILA
Keywords: Economic Value Added, Market Value Added, Operating Cash Flow Earning Per Share Stock Return

Abstract

This study aims to examine empirical evidence related to the analysis of the relationship between Economic Value Added
(EVA), Market Value Added (MVA), Operating Cash Flow Earning Per Share (EPS) on Stock Returns in LQ 45 Index
Companies listed on the Indonesia Stock Exchange for the period 2012 -2016.. Methods for collecting the required data were
collected using documentation techniques (desk research), with a total sample of 20 companies. The data analyzed in this
study were compiled from annual reports and company financial statements. The analytical technique used is descriptive
analysis and panel data with the Eviews 9 program. The results show that Economic Value Added (EVA) and Market Value
Added (MVA) have a positive and significant effect on Stock Returns, Operating Cash Flow (AKO) and Earning Per Share
( EPS) has no effect on stock returns.

Published
2021-10-30
How to Cite
ANDRYANTO, F., RACHBINI, W., & MULYADI, J. (2021). PENGARUH ECONOMIC VALUE ADDED (EVA), MARKET VALUE ADDED (MVA), ARUS KAS OPERASI DAN EARNING PER SHARE (EPS) TERHADAP RETURN SAHAM (STUDI KASUS PADA PERUSAHAAN INDEKS LQ 45 YANG TERDAFTAR DI BURSA EFEK INDONESIA). JURNAL ILMIAH KOHESI, 5(4), 53-59. Retrieved from https://kohesi.sciencemakarioz.org/index.php/JIK/article/view/308