Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia

Research Article

Corporate Financial Performance Analysis Due to The Issuance of Global Bond Using Economic Value Added (EVA) Method: Case Study of PT XYZ

Download265 downloads
  • @INPROCEEDINGS{10.4108/eai.5-8-2020.2301168,
        author={Yusufa R Dibyoseputro and Junino  Jahja},
        title={Corporate Financial Performance Analysis Due to The Issuance of Global Bond Using Economic Value Added (EVA) Method: Case Study of PT XYZ},
        proceedings={Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020,  5 - 6 August 2020, Purwokerto, Indonesia},
        publisher={EAI},
        proceedings_a={ICBAE},
        year={2020},
        month={10},
        keywords={corporate finance economic value added financial performance textile and garment industry public company and global bonds},
        doi={10.4108/eai.5-8-2020.2301168}
    }
    
  • Yusufa R Dibyoseputro
    Junino Jahja
    Year: 2020
    Corporate Financial Performance Analysis Due to The Issuance of Global Bond Using Economic Value Added (EVA) Method: Case Study of PT XYZ
    ICBAE
    EAI
    DOI: 10.4108/eai.5-8-2020.2301168
Yusufa R Dibyoseputro1,*, Junino Jahja1
  • 1: Universitas Indonesia, Indonesia
*Contact email: yusufa.r91@ui.ac.id

Abstract

The purpose of this research is to describe PT XYZ, company engaging in Textile and Product Textile Industry (“TPT Industry”) the effect of Global Bond issuance pursuant to the corporate financial performance and value-added creation. TPT Industry face many challenges and obstacles that may lead to company financial distress which already happen in emerging country such as Indonesia. The calculation towards company financial performance are using Economic Value Added (“EVA”) method. This research conducted on 2014 – 2019 period. PT XYZ will be compared with four others TPT Industry company which are the top highest market capitalization company in Indonesia. The result of EVA calculation shows that the EVA score of target company and comparison company are mostly negative. Company in TPT Industry must understand financial policy alternative to avoid financial distress condition. The appropriate and exact financial policy grant the company ability to overcome global economic volatility, international trade, competition, and trade war.