FAKTOR-FAKTOR YANG MEMPENGARUHI MARKET VALUE ADDED (MVA) PADA PERUSAHAAN MAKANAN DAN MINUMAN

FELIA ERWINDA SARI, MAISYA PRATIWI, ROMY YUNIKA PUTRA

Abstract


From 2018–2022, this research set out to analyse the food and beverage firms listed on the Indonesia Stock Exchange in terms of their sales growth, market value added, economic value added, return on assets, and overall profitability. In this quantitative study, regression analysis of panel data was carried out using the E-Views 12 program. According to the results of the research samples selected using a purposive sampling technique, 32 of the participating organisations fulfilled these criteria during the course of the five-year study. The research found a positive, although not statistically significant, relationship between economic value added and market value added. There is a positive and strong relationship between asset returns and market value added. In fact, sales growth did indicate a healthy profit, even if it did not significantly affect market value added. Factors like as economic value added, return on assets, and increase in lump sum sales have a substantial impact on market value added.


Keywords


Economic Value Added, Market Value Added, Sales Growth, , Return on Assets

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DOI: http://dx.doi.org/10.15548/jebi.v9i2.1573

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