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Abstract

This study analyses the bank's performance comparison across countries in some ASEAN members which are listed in the stock exchange, as well as to analyse the influence of Economic Value Added (EVA) and some financial ratios on the company stock return. Analysis suggests some results. In Indonesia, Thailand and the Philippines, the movement of EVA follows the movement of Gross Domestic Product (GDP). This study also finds that Earning per Share (EPS), only in Singapore, and Return on Equity (ROE) and Return on Assets (ROA), only in the Philippines, have an influence on stock return. Only in the Philippines where EVA together with ROA has an effect on stock return.

Keywords

Banks EVA Stock Return EPS ROA ROE

Article Details

Author Biographies

Lintang Dewanti, Department of Management, Faculty of Economics and Business, Universitas Indonesia, Jakarta

Alumni of Graduate School of Management, Faculty of Economics, Universitas Indonesia

Rofikoh Rokhim, Department of Management, Faculty of Economics and Business, Universitas Indonesia, Jakarta

Lecturer at Department Management, Faculty of Economics and Business, Universitas Indonesia
How to Cite
Dewanti, L., & Rokhim, R. (2017). Comparative economic value added on Southeast Asian banking industry. Economic Journal of Emerging Markets, 9(1), 74–83. https://doi.org/10.20885/ejem.vol9.iss1.art8

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