Economic Journal of Emerging Markets
Volume 9 Issue 1, 2017

Comparative economic value added on Southeast Asian banking industry

Lintang Dewanti (Department of Management, Faculty of Economics and Business, Universitas Indonesia, Jakarta)
Rofikoh Rokhim (Department of Management, Faculty of Economics and Business, Universitas Indonesia, Jakarta)



Article Info

Publish Date
31 Mar 2017

Abstract

This study analyses the bank's performance comparison across countries in some ASEAN members which are listed in the stock exchange, as well as to analyse the influence of Economic Value Added (EVA) and some financial ratios on the company stock return. Analysis suggests some results. In Indonesia, Thailand and the Philippines, the movement of EVA follows the movement of Gross Domestic Product (GDP). This study also finds that Earning per Share (EPS), only in Singapore, and Return on Equity (ROE) and Return on Assets (ROA), only in the Philippines, have an influence on stock return. Only in the Philippines where EVA together with ROA has an effect on stock return.

Copyrights © 2017






Journal Info

Abbrev

JEP

Publisher

Subject

Economics, Econometrics & Finance

Description

The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal ...