ANALISIS KINERJA KEUANGAN PERUSAHAAN DENGAN MENGGUNAKAN METODE ECONOMIC VALUE ADDED (EVA) DAN MARKET VALUE ADDED (MVA) PERIODE TAHUN 2009-2011 (Studi pada PT.Telekomunikasi Indonesia, Tbk.)

Main Author: JAYATI, SELLI
Format: Thesis NonPeerReviewed
Terbitan: , 2013
Subjects:
Online Access: http://eprints.umm.ac.id/14829/
Daftar Isi:
  • Financial performance is a parameter tool of management success level in managing financial sources owned by the company. The using of Economic Value Added (EVA) approach in this research is based on that this approach is very good to measure the company performance (management) because it is able to describe the company efficiency in a particular period. Meanwhile the using of Market Value Added (MVA) approach is based on that, MVA can draw how big the property can be created by company management to investors and company. This research objective is to measure the financial performance of PT. Telkom in the period 2009-2011 through using Economic Value Added (EVA) and Market Value Added (MVA). From the research result using Economic Value Added (EVA) and Market Value Added (MVA) approach, it shows that EVA and MVA of PT. Telkom have positive value. Where in 2009, Eva value is Rp. 12.309.791.000.000,- in 2010, Eva value is Rp. 12.068.455.000.000,- in 2011, Eva value is Rp. 12.025.151.000.000,-. The positive EVA shows that company is able to realize financial performance effectively and efficiently. Whereas the MVA value produce in 2009 is Rp. 151.522.246.186.550,- in 2010, MVA value is Rp. 115.853.252.268.050,- and in 2010 MVA value is Rp 81.146.994.916.950,-. The positive MVA positive shows that company management is capable to produce property for investors and company. In realizing the company purposes, being the famous infokom service provider in regional area, so that this approach can be as one of the directions in realizing those purposes.