The effect of economic value added and market value added on bank stock returns

  • Diana Riyana Harjayanti Universitas Pamulang
  • Robi Juniansah Universitas Pamulang
  • Ifa Nurmasari Universitas Pamulang
  • Marko Novak CTBC Business School, Tainan
  • Dony Octariswan Universitas Negeri Jakarta
Keywords: economic value added; market value added; stock returns; banks

Abstract

This research aimed to analyze the influence of economic value added and market value added on stock returns in IDX30 banking companies on the IDX for the 2018-2022 period. This research is a quantitative descriptive research with descriptive statistical analysis by using panel data, classical assumption tests and statistical analysis through E-Views version 10. The results showed that economic value added has a positive effect on bank stock returns and market value added has no effect on bank stock returns.

Published
2024-04-24
How to Cite
Harjayanti, D. R., Juniansah, R., Nurmasari, I., Novak, M., & Octariswan, D. (2024). The effect of economic value added and market value added on bank stock returns. Global Advances in Business Studies, 3(1), 49-56. https://doi.org/10.55584/Gabs.003.01.5