Market Value Added Boosts Stock Returns for Metal Companies in Indonesia.
The study looked at how Economic Value Added, Market Value Added, Earning Per Share, and Net Profit Margin affect stock returns in metal companies on the Indonesia Stock Exchange. They found that together, these factors do not impact stock returns. Specifically, Market Value Added has a positive effect on stock returns, while Economic Value Added, Earning Per Share, and Net Profit Margin do not affect stock returns.