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Super Slack-Based Model Efficiency and Stock Performance of Manufacturing Industry Listed in Indonesian Stock Exchange

Soetanto, Tessa Vanina and Fun, Liem Pei (2015) Super Slack-Based Model Efficiency and Stock Performance of Manufacturing Industry Listed in Indonesian Stock Exchange. Procedia - Social and Behavioral Sciences , Volume. Pages 1-1260. ISSN 1877-0428

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    Abstract

    This research examines the efficiency of Indonesian manufacturing industry listed in Indonesian Stock Exchange during the period of 2010-2014 using non-parametric output oriented Super Slack-Based Model (SBM). Furthermore, resulted changes of efficiency score are regressed on stock performance to investigate the relationship. 77 companies in manufacturing industry classified as basic, miscellaneous and consumer goods industry listed in Indonesian Stock Exchange during 2010-2014 which resulted in 308 pooled data is being analyzed. The input variables used in this paper are salary wages and benefit, raw materials cost, and net fixed asset while the output variable is earning before tax. Result shows that on average the highest output oriented Super SBM efficiency is miscellaneous industry while basic and consumer goods industry are not efficient on average.

    Item Type: Article
    Uncontrolled Keywords: Efficiency,Indonesian Stock Exchange,manufacturing industry, stock performance,Super Slack-Based Model
    Subjects: H Social Sciences
    Divisions: Faculty of Economic > International Business Management Program
    Depositing User: Admin
    Date Deposited: 10 Dec 2015 17:34
    Last Modified: 13 Jan 2016 20:20
    URI: http://repository.petra.ac.id/id/eprint/17213

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