Performance Efficiency Evaluation of The Listing Agricultural Companies Sector in Indonesia Stock Exchange in the Period of 2010: An Application of Data Envelopment Analysis

Paramadina University
Department of Management and Business

Tittle:
Performance Efficiency Evaluation of The Listing Agricultural Companies Sector in Indonesia Stock Exchange in the Period of 2010: An Application of Data Envelopment Analysis
Author:
Eko Triyanggono
Language:
Bahasa Indonesia (Indonesian Only)
Year:
2013
Abstract:

The research is aimed to measure and evaluate the efficiency performance of the listing  agricultural companies in Indonesia Stock Exchange in the period of 2010. This research had two stages, in first stage the researcher use Data Envelopment Analysis with financial indicator as a construction. In the first analysis, researcher use 2 inputs (total asset and total equity) and 2 outputs (operating revenue and net income). The results showed that 6 of out 8 companies are efficient. In the second stage, researcher using performance matrix, the combined of DEA result and profitability ratio. Performance matrix indentified firms to four quadrants, there are superstar, question marks, cash cow, and problem child. The results showed that 5 companies in quadrant 1 (superstar), 1 company in quadrant 2 (question marks), 1 company in quadrant 3 (cash cow), and 1 company in quadrant 4 (problem child). This research give implication to companies and investor about the agricultural companies in the period of 2010 and can be a benchmark in agricultural companies.

35 pages + xii pages, 8 tables, 6 figures, 4 attachments

Keywords:

Efficiency, Data Envelopment Analysis, Performance Matrix, Profitability Ratio