Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)

The Analysis of Financial Performance by Using Economic Value Added (EVA) Method and Financial Value Added (FVA) Case Studies on Manufacturing Companies Cosmetics and Household Sub-Sector Listed in Indonesian Stock Exchange During 2014-2016

Authors
Iwan Sugianto, Asep Saeful Falah
Corresponding Author
Iwan Sugianto
Available Online May 2019.
DOI
10.2991/icebef-18.2019.165How to use a DOI?
Keywords
financial performance; Economic Value Added (EVA); Financial Value Added (FVA)
Abstract

This study aims to determine: 1) Financial performance in manufacturing companies’ cosmetics and household sub-sector listed on BEI by using Economic Value Added (EVA). 2) Financial performance in manufacturing companies’ cosmetics and household sub-sector listed in Indonesian Stock Exchange by using Financial Value Added (FVA). The method used in this research is comparative descriptive method with quantitative approach with this type of case study. The technique of taking data using documentation study. The sampling method used, is purposive sampling the total of 3 sample companies namely PT. Martina Berto Tbk, PT. Mustika Ratu Tbk, and PT. Mandom Indonesia Tbk. The analytical tool used, is Economic Value Added (EVA) method and Financial Value Added (FVA) method. The results of this study indicate that: 1) All the company’s management has been able to create positive EVA value. This shows that the management is able to create economic value added for the company and shareholders. 2) All the company’s management has been able to create positive FVA value. Means the company’s management is able to provide financial value added for the company and its shareholders.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
May 2019
ISBN
10.2991/icebef-18.2019.165
ISSN
2352-5428
DOI
10.2991/icebef-18.2019.165How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Iwan Sugianto
AU  - Asep Saeful Falah
PY  - 2019/05
DA  - 2019/05
TI  - The Analysis of Financial Performance by Using Economic Value Added (EVA) Method and Financial Value Added (FVA) Case Studies on Manufacturing Companies Cosmetics and Household Sub-Sector Listed in Indonesian Stock Exchange During 2014-2016
BT  - Proceedings of the 1st International Conference on Economics, Business, Entrepreneurship, and Finance (ICEBEF 2018)
PB  - Atlantis Press
SP  - 790
EP  - 794
SN  - 2352-5428
UR  - https://doi.org/10.2991/icebef-18.2019.165
DO  - 10.2991/icebef-18.2019.165
ID  - Sugianto2019/05
ER  -