PENGARUH MVA, ROE, EVA TERHADAP HARGA SAHAM PERUSAHAAN OTOMOTIF DI BEI

Abstract

This research aims is to test the influence of Market value added, Return on equity and Economic value added to the stock price at the automotive company which is listed in the Indonesia Stock Exchange during 2014-2016 period. The population in this research obtained of 13 automotive companies by using the method of purposive sampling at automotive companies which is listed in the Indonesia Stock Exchange and based on the criteria that have been determined then obtained sample of 12 automotive companies. Namely, PT. Selamat Sempurna Tbk, PT. Nipress Tbk, PT. Gajah Tunggal Tbk, PT. Multi Prima Sejahtera Tbk, PT. Indospring Tbk, PT. Indo Mobil Sukses Internasional Tbk, PT. Prima Alloy Steel Universal Tbk, PT. Astra Otoparts Tbk, PT. Astra International Tbk, PT. Multi Strada Arah Sarana Tbk, PT. Goodyear Indonesia Tbk, PT. Indo Kordsa Tbk. The analysis method used is multiple linear regression analysis with using SPSS application tool. The result of the research shows that Economic Value Added, Return On Equity have positive and significant influence to the stock price of automotive company which is listed in Indonesia Stock Exchange. While Market Value Added have positive and insignificant influence to the stock price of automotive company which is listed in Indonesia Stock Exchange.
Keywords: Market value added, return on equity, economic value added, stock price.