Abstract
This study is conducted to investigate the superiorities of the economic value performance and traditional performance measure for the shareholders wealth maximization. Due to the weaknesses of the traditional measure of performance such as the earning per share, return on equity and return on asset to measure stockholder creation, the value based measure was created. Using a sample of 10 plantations listed companies in main board of Bursa Malaysia and using a panel data for the period of 2011 to 2015. Fixed effect, Random effect and Pooled OLS test are performed and Random effects are accepted. The finding of the study revealed that there is positive and significant relationship between economic values added (EVA) and shareholders wealth maximization.
Metadata
Item Type: | Student Project |
---|---|
Creators: | Creators Email / ID Num. Awang Ismail, Dg Siti Asmanirah 2013249316 |
Contributors: | Contribution Name Email / ID Num. Advisor Beli, Siti Rahayu rahayu@uitm.edu.my Contributor Bujang, Associate Professor Dr. Imbarine imbar074@uitm.edu.my |
Subjects: | H Social Sciences > HB Economic Theory. Demography > Economics |
Divisions: | Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Business and Management |
Programme: | Bachelor of Business Administration (Hons) Finance |
Keywords: | Shareholder; Economic value added; Earning per share; Return on equity; Return on asset |
Date: | 2016 |
URI: | https://ir.uitm.edu.my/id/eprint/112144 |
Download
![[thumbnail of 112144.pdf]](https://ir.uitm.edu.my/style/images/fileicons/text.png)
112144.pdf
Download (303kB)
Digital Copy
Physical Copy

ID Number
112144
Indexing

