Artikel Ilmiah : C1K011040 a.n. ARYA BASKARA
| NIM | C1K011040 |
|---|---|
| Namamhs | ARYA BASKARA |
| Judul Artikel | THE EFFECT OF VALUE CREATION AND ACCOUNTING MEASUREMENT ON STOCK RETURN (STUDY ON CONSUMER GOODS COMPANIES LISTED AT IDX) |
| Abstrak (Bhs. Indonesia) | This research investigated the influence of value creation and accounting measurement on stock return in consumer goods companies listed in the Indonesia Stock Exchange (IDX). This research was aimed to analyze the effect of value creation and accounting measurement on stock return and to analyze which one is the best measurement to predict stock. This research was conducted during the period of January 2008 until December 2013. Data collection techniques used were documentation, literature review and internet search. This research used multiple regression model and elasticity analysis as a means of testing the hypothesis. Population of this study was consumer goods sector in the Indonesia Stock Exchange, using purposive sampling as a sampling technique. This study used stock return as dependent variable, while the independent variables were Economic Value Added (EVA), Market Value Added (MVA), Return on Assets (ROA), Return on Equity (ROE), and Earning Per Share (EPS). The results of this research showed that the market value added, return on asset, and return on equity had no significant effect on stock return, while the economic value added and earning per share had significant effect on stock return. Then, economic value added was the best variable to predict stock return. So, managers must be aware of and sensitive to continuously create value for the company to increase economic value added. |
| Abtrak (Bhs. Inggris) | This research investigated the influence of value creation and accounting measurement on stock return in consumer goods companies listed in the Indonesia Stock Exchange (IDX). This research was aimed to analyze the effect of value creation and accounting measurement on stock return and to analyze which one is the best measurement to predict stock. This research was conducted during the period of January 2008 until December 2013. Data collection techniques used were documentation, literature review and internet search. This research used multiple regression model and elasticity analysisas a means of testing the hypothesis. Population of this study was consumer goods sector in the Indonesia Stock Exchange, using purposive sampling as a sampling technique. This study used stock return as dependent variable, while the independent variables were Economic This research investigated the influence of value creation and accounting measurement on stock return in consumer goods companies listed in the Indonesia Stock Exchange (IDX). This research was aimed to analyze the effect of value creation and accounting measurement on stock return and to analyze which one is the best measurement to predict stock. This research was conducted during the period of January 2008 until December 2013. Data collection techniques used were documentation, literature review and internet search. This research used multiple regression model and elasticity analysis as a means of testing the hypothesis. Population of this study was consumer goods sector in the Indonesia Stock Exchange, using purposive sampling as a sampling technique. This study used stock return as dependent variable, while the independent variables were Economic Value Added (EVA), Market Value Added (MVA), Return on Assets (ROA), Return on Equity (ROE), and Earning Per Share (EPS). The results of this research showed that the market value added, return on asset, and return on equity had no significant effect on stock return, while the economic value added and earning per share had significant effect on stock return. Then, economic value added was the best variable to predict stock return. So, managers must be aware of and sensitive to continuously create value for the company to increase economic value added. |
| Kata kunci | Value Creation Measurement, Accounting Measurement, Stock Return, Economic Value Added, Market Value Added, Return on Asset, Return on Equity, Earning Per Share |
| Pembimbing 1 | Dr. Ade Banani, MMS. |
| Pembimbing 2 | Dian Purnomo Jati, SE, M.Sc. |
| Pembimbing 3 | Drs. Suwaryo, M.Si. |
| Tahun | 2015 |
| Jumlah Halaman | 16 |
| Tgl. Entri | 2015-02-18 10:24:54.550329 |