The Effect Of Economic Value Added, Return On Equity and Return On Assets To Stock Price On Food and Beverage Industry Companies Listed In Indonesia Stock Exchange.

Abstract

The job of a manager is taking the right decisions for the company. For a financial manager, one job is to make decisions in analyzing the company's financial statement presentation. A financial manager first needs to understand the company's financial condition. To understand it required an analysis of financial statements used in the companies they lead. One of the main objectives of financial decisions is to maximize the level of prosperity of the company owners or shareholders, determine the amount of remuneration, determine the stock price, as well as assess the performance of the company to predict the state of the company in the future for our shareholders and prospective shareholders. The purpose of this study was to analyze the influence of EVA, ROE and ROA on stock prices. The sample used in this study is the food and beverage company listed on the Indonesia Stock Exchange during the observation period 2008-2010 are always distribute dividends during the period of observation. Based on these criteria, obtained a sample of thirteen companies that will be studied. Analysis tool used is multiple linear regression using SPSS 17.0. The results of the analysis showed that the EVA, ROE and ROA to simultaneously have a significant influence on stock prices. While partially only one who does not have a significant effect of ROE, this may be caused by many factors, such as social, economic, so needed to pressure political instability lead to higher business risks and uncertainties that revenue will be accepted investors. Given the significant influence on stock prices simultaneously this can influence the company to increase the purchase of shares.