ANALISIS PENGARUH ECONOMIC VALUE ADDED TERHADAP MARKET VALUE ADDED PERUSAHAAN YANG SAHAMNYA TERGOLONG BLUE CHIPS DI BURSA EFEK JAKARTA

Abstract

The measurement of financial performance is one of the most important factors, especially to determine steps to improve future financial performance of the company. One of the tools for measuring financial performance since 1980 was pioneered by Stern and Steward Management Service, that is method of economic value added (EVA) as one indicator for barometer to create value invested by shareholder, and Market Value Added (MVA) is one of the tools to measure for corporate market value. The aim of the research is to measure financial performance in 10 stock market corpanies classified as blue chips stock in the Jakarta stock market for period 2000-2004, using Economic Value Added (EVA) method and its relationship with market price which shown by market value added (MVA).