Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023)

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The Analysis of Financial Performance Using Economic Value-Added and Market value Added Methods Before and During the Covid-19 Pandemic

Authors
Febyanti ELisabet Babu1, *, Petrus Emanuel Rozari1, Wehelmina M. Ndoen1, Ria Elsani Intanku Nafie1
1Management Study Program, Faculty of Economics and Business, Universitas Nusa Cendana Kupang, Kupang, Indonesia
*Corresponding author. Email: 1febyanti0402@gmail.com
Corresponding Author
Febyanti ELisabet Babu
Available Online 14 May 2024.
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.

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Volume Title
Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
14 May 2024
ISBN
10.2991/978-94-6463-411-2_18
ISSN
2352-5428
DOI
10.2991/978-94-6463-411-2_18How to use a DOI?
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

risenwbib
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  -