The Analysis of Financial Performance Using Economic Value-Added and Market value Added Methods Before and During the Covid-19 Pandemic
- DOI
- 10.2991/978-94-6463-411-2_18How to use a DOI?
- Keywords
- Financial Performance; EVA; MVA; Covid-19 pandemic
- Abstract
The purpose of this study is to assess the financial performance of PT Mustika Ratu, Tbk, which was listed on the Indonesia Stock Exchange before and during the Covid-19 pandemic, using the Economic Value Added (EVA) and Market Value Added (MVA) methods. The data source used in this study is secondary data in the form of financial statements from 2017 to 2021. Based on the results of research using the EVA and MVA methods, it is known that PT Mustika Ratu, Tbk before and during the COvid-19 pandemic procedure positive EVA and MVA values or (EVA > 0) and (MVA > 0) during the five-year research period. Positive EVA and MVA values mean that company managers can create for the company and wealth for shareholders. This study concludes that PT Mustika Ratu, Tbk has good financial performance..
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Febyanti ELisabet Babu AU - Petrus Emanuel Rozari AU - Wehelmina M. Ndoen AU - Ria Elsani Intanku Nafie PY - 2024 DA - 2024/05/14 TI - The Analysis of Financial Performance Using Economic Value-Added and Market value Added Methods Before and During the Covid-19 Pandemic BT - Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023) PB - Atlantis Press SP - 207 EP - 225 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-411-2_18 DO - 10.2991/978-94-6463-411-2_18 ID - Babu2024 ER -