PENGARUH MARKET VALUE ADDED, RESIDUAL INCOME, EARNING PER SHARE, DAN ARUS KAS OPERASI TERHADAP NILAI PERUSAHAAN

William Octavianus, Chajar Matari Fath Mala

Abstract


Abstract

One option that can be done is to invest through stock investments in the capital market. but investors face the problem of uncertainty in investing in the stock market, the uncertainty can be in minimalisirkan by assessing the company's performance, measuring performance of a company can be seen from the company's ability to generate profits. The company's performance can be seen from the financial statements to be issued by the company periodically. analysis of the company's performance will be assessed by the ratio of Market Value Added, Residual Income, Earnings PerShare,and Operating Cash Flow. The purpose of this study to determine the significant influence both simultaneously and partially Market Value Added, Residual Income, Earnings PerShare,And Cash Flow operation to Company Value Industrial Infrastructure, Utilities, and Transportation Listed on Indonesi Stock Exchange (BEI) Period 2013-2016. The sampling technique used in this research istechnique purposive sampling with the company's criteria Industrial Infrastructure, Utilities, Transportation consistent and to publish financial statements audited and in the state in the rupiah during 2013-2016. The data used in this study were obtained from audited financial statements on the website www.idx.co.id with a sample of 22 companies. Methods of data analysis in this research is Multiple Linear Regression Analysis, which previously performed classical assumption test. Hypothesis testing using the F statistic, statistical tests t and the coefficient of determination Adjusted R2 with a significance level of 5%. The results showed that the variables - variables simultaneously indpenden (F test) effect on the value of the company with a significance level of 0.000. While partially (t test) showed that the variables of Market Value Added positive and significant effect on firm value. Variable ResidualIncome, Earnings Per Share and Operating Cash Flow has no significant effect on firm value.

 

Keywords: market value added, residual income, earnings pershare, operating cash flow

 


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