Universitas Sarjanawiyata Yogyakarta - Indonesia
PENGARUH ECONOMIC VALUE ADDED TERHADAP TOBIN Q DENGAN MARKET VALUE ADDED SEBAGAI VARIABEL INTERVENING
This study aims to analyze the effect of Economic Value Added on Tobin Q with Market Value
added as intervening variable. The sample of this research is a manufacturing company listed on
Indonesia Stock Exchange in 2011-2016. Data analysis using regression analysis. The results
showed that Economic Value Added did not affect Tobin Q and Market Value added (MVA)
effect on Tobin Q. Market Value Added (MVA) did not become intervening variable between
EVA and Tobin Q. Market Value added are not mediate Economic Value Added to Tobin Q
Keywords: Economic Value Added, Market Value Added, Firm Value