Measuring Financial Performance Using Economic Value Added On Food And Beverage Companies In The Indonesia Stock Exchange (Idx) Index 2020-2022

Agung Winardi; Putri Amelia Sudriman; Misbah Misbah; Maghfirah Maghfirah; Siti Nurhana; Reski Amelia; Linda Razak

doi:10.55227/ijerfa.v1i4.38

Authors

Agung Winardi Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia
Putri Amelia Sudriman Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia
Misbah Misbah Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia
Maghfirah Maghfirah Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia
Siti Nurhana Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia
Reski Amelia Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia
Linda Razak Accounting Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia

DOI:

https://doi.org/10.55227/ijerfa.v1i4.38

Keywords:

Financial Performance, Economic Added Value

Abstract

This study aims: To find out, analyze, discuss and explain financial performance appraisal using the Economic Value Added method for food and beverage companies listed on the Indonesia Stock Exchange for the 2020-2022 period. This research uses a quantitative descriptive analysis method. The samples used were six food and beverage companies listed on the Indonesia Stock Exchange. Calculation results of Economic Value Added for food and beverage companies, there are three companies that produce Economic Value Added or (EVA > 0) during 2020 to 2022, it is stated positive, meaning that there has been additional economic value for the company so that financial performance is declared good. used is secondary data obtained from www.idnfinancial.co.id. The data analysis method used in this study is the panel regression model. Data processing uses the SPSS 22 application. From this study, the results show that the Economic Value Adeed Method has a positive effect on the company's financial performance.

References

Giawa, L. H. (2008). … Value Added (EVA) Dan Market Value Added (MVA) Sebagai Alat Ukur Penilaian Kinerja Emiten Syariah: Studi Kasus pada Emiten Syariah yang Listing di …. http://repository.uinjkt.ac.id/dspace/bitstream/123456789/7278/1/Lukman Hakim Giawa-FSH_NoRestriction.pdf

Harys. (2020). Penelitian Kuantitatif. 19–26. https://www.jopglass.com/penelitian-kuantitatif/

Paledung, M., Karamoy, H., & Tirayoh, V. Z. (2021). Analisis Kinerja Keuangan Menggunakan Economic Value Added, Market Value Added dan Financial Value Added Pada Perusahaan Makanan dan Minuma di Indeks Kompas100 BEI Periode 2018-2020. Going Concern : Jurnal Riset Akuntansi, 16(3), 227–239.

Ridhawati, R., & Kholis, N. (2013). ANALISIS KINERJA KEUANGAN MENGGUNAKAN ECONOMIC VALUE ADDED (EVA) DAN MARKET VALUE ADDED (MVA)(Studi pada Perusahan Koonstruksi yang Terdaftar di Bursa Efek Indonesia). Jurmal Lmiah Mahasiswa FEB Universtas Brawijaya, 1–18. https://adoc.pub/oleh-rini-ridhawati-dosen-pembimbing-nurkholis-phd-ak-ca.html