PENGARUH ECONOMIC VALUE ADDED (EVA) TERHADAP MARKET VALUE ADDED (MVA) PADA PERUSAHAAN YANG MELAKUKAN INITIAL PUBLIC OFFERING (IPO) DI BURSA EFEK INDONESIA
The purpose of this research is to find the effect of Economic Value Added (EVA) towards Market Value Added (MVA) of companies that already did Initial Public Offering (IPO) in Indonesia Stock Exchange.That research used secondary data, with using the form of financial statements obtained from Indonesia Stock Exchange site. Sample used 34 companies that already did IPO in the year 2007-2010 using puposive sampling method. Classical assumption was the first step to analize data and the hypothesis with linear regression as the statistic method. Statistical methods used is simple linear regression. The results of this research showed that the Economic Value Added (EVA) impact Market Value Added (MVA) significantly and the known Economic Value Added (EVA) is capable of influencing the Market Value Added (MVA) of 46.6% and the rest are other factors that come from outside the variables examined. So from this research it was concluded any increase and decrease of EVA will affect the increase and decrease of MVA.