Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Vol. 4 No. 3 (2021): FairValue : Jurnal Ilmiah Akuntansi dan Keuangan

EFFECT OF AVA, MVA, CFVA ON STOCK PRICE PT. WIJAYA KARYA (PERSERO) YEAR 2006-2020

Widuhung, Sisca Debyola (Unknown)
Aris Machmud (Unknown)



Article Info

Publish Date
13 Oct 2021

Abstract

Total management performance is assessed based on the increase in the welfare ofmultiple stakeholders (investors, customers, and employees) – and especially theachievement of SVA (Shareholders Value Added), to create wealth for investors orbusiness owners. This study aims to determine the stock price of PT. Wijaya Karya(Persero) Tbk. which is influenced by EVA, MVA and CFVA the method used is aresearch based on statistical analysis techniques using regression and correlation andtesting the hypothesis based on a time series approach, the results of this study areBased on the results of the calculations in table above, it can be concluded that thevalue of the Adjusted R-Squared is 0.784382 or 78.44%, meaning that the independentvariables (Economic Value Added and Free Cash Flow) can explain the dependentvariable (Stock Price) of 78.44% and then 21.56 % is explained by other variablesoutside of this study

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Journal Info

Abbrev

fairvalue

Publisher

Subject

Economics, Econometrics & Finance

Description

The Aim of this Fair Value : jurnal Ilmiah Akuntansi dan Keuangan is the media for scientific studies resulting from research, thoughts and critical-analysis studies on accounting, financial, Cooperative and SMEs issues in Indonesia and southeast asia especially and also in the world. The intended ...