ANALISIS PENGARUH KINERJA KEUANGAN DENGAN ECONOMIC VALUE ADDED (EVA) DAN RETURN ON INVESTMENT (ROI) TERHADAP RETURN SAHAM (Studi Empiris Pada Perusahaan Yang Tergabung dalam Indeks LQ 45 di Bursa Efek Indonesia (BEI) 2014-2018)
Daftar Isi:
- This study aims to analyze and explain the effect of financial performance by Economic Value Added (EVA) and Return On Investment (ROI) methods on stock returns. In this research the theory used is signal theory where this study uses secondary data in the form of financial statements of 14 companies from 45 companies incorporated in the LQ 45 index on Indonesian Capital Market (BEI) 2014-2018. Simultaneous research gives the results that Economic Value Added (EVA) and Return On Investment (ROI) have a significant effect on Stock Return. While partially different results between the two variables. Economic Value Added (EVA) has no effect on stock returns while Return On Investment (ROI) has a significant effect on stock returns. This is possible because the benchmarks used to predict returns received by shareholders are benchmarks that use historical accounting data.