Companies improve appraiser analysis of sixth agribusiness companies which have been registering in Jakarta Stock Exchange
ABDILLAH PAHRESI
The purpose of the study is to know how much a agribusiness companies which listing on stock exchange in Jakarta can improve their capability. We make measurement of the agribusiness companies with Economic Value Added (EVA) and relative prices share performances. The object of study is sixth Agribusiness Company which listing as forestry, plantation and fishery companies in stock exchange. The period data of study was in two years base on their launch period in stock exchange. The results of the study is only one company take posted positive EVA just in one year and the others posted negative EVA. There were four companies have rise EVA between 2000 to 2001 and the others descent. Meanwhile the rise and decent of correlation between the share relative performance and finance report and the others accounting calculation was in unpredictable position. However, the SPSS calculation, the correlation theory and calculation accountant between EVA and the relative price share performances of the companies did not show. The research of PT Bakrie Sumatra Plantations Tbk Corporations (from 1997 until 2000) and PT PP London Sumatra Tbk Corporations (From 1995 until 2000) regular found the economic different influence before economic crisis and during economic crisis to the world business especially company which have been registering in Jakarta Stock Exchange. The study suggests that during unstable economic condition, the calculation of EVA and the relative price share performances just can be use only as reference with the others calculation to invest in stock exchange.
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