ANALYSIS OF MARKET VALUE ADDED AND REFINED ECONOMIC VALUE ADDED GROWTH ON STOCK RETURN

Abstract

The purpose of this study was to determine the effect of MVA and REVA growth on stock
returns. The method used in this study is descriptive and verification. The data used is
secondary data obtained from www.idx.co.id and www.sahamok.com. The population taken
for this study is a mining company listed on the Indonesia Stock Exchange in the period
2010-2017. The sampling technique used purposive sampling research, the number of
samples in this study were 9 mining companies. The analysis used in this study is regression.
The results of these studies show that MVA and REVA simultaneously influence stock
returns. The results of the study are only partially MVA variables which influence stock
returns