INFLUENCE OFEARNINGS BEFORE EXTRA ORDINARY INCOMEAND RETURNSTOCK TOECONOMIC VALUE ADDEDSHARES IN COMPANIES THAT PRODUCE GOODS CONSUMPTION REGISTERED BEI 2005-2009 YEARS

Abstract

Financial performance of an enterprise is useful for various parts, because the measurement of performance of the company will be one of the very influence information investment decisions. One of the reference points are used to measure the performance of the enterprise is EBEI and Return Stock.. EBEI and Return Stock as one of the company’s performance apprasial can affect value-added companies in the mirror through EVA. The purpose of this research is to detect are Earnings Before Extraordinary Income (EBEI) dan return stock is influence to Economic Value Added (EVA) on the consumer goods sector, manufacturing companies 05-09 years by partial or in parallel. The conclusion of this research is there is no significant effect between Earnings Before Extraordinary Income (EBEI) and Return Stock toward Economic Value Added (EVA) by simultant test. And also the result of partial test gets two independent variables Earnings Before Extraordinary Income (EBEI) and Return Stock have not significant impact on the dependent variables Economic Value Added (EVA).