PENGARUH ECONOMIC VALUE ADDED DAN MARKET VALUE ADDED TERHADAP RETURN SAHAM (Survei pada Perusahaan LQ45 di Bursa Efek Indonesia Periode 2018-2022)

Guide I Guide II : Dr. Jajang Badruzaman S.E., M.Si., Ak., CA. : Adil Ridlo Fadillah S.E., M.Si., Ak., CA. This study aims to find out: (1) economic value added, market value added and stock returns in LQ45 companies on the Indonesia Stock Exchange for the 2018-2022 period, (2) the effect of economic value added and market value added simultaneously or partially on stock returns in LQ45 companies on the Indonesia Stock Exchange for the 2018-2022 period. The research method used in this research is a quantitative method with a survey approach and a sample drawing technique using the purposive sampling technique. The analysis technique used is panel data regression with an analysis tool in the form of Eviews 12 software. The results of this study show that: (1) economic value added, market value added and stock returns in LQ45 companies on the Indonesia Stock Exchange for the 2018 2022 period have increased and decreased. (2) simultaneously economic value added and market value added have a significant effect on stock returns, while partially economic value added has a positive and insignificant effect on stock returns, and market value added partially has a significant positive effect on stock returns in LQ45 companies on the Indonesia Stock Exchange for the 2018-2022 period.

Keywords: Stock Return, Economic Value Added and Market Value Added