PENILAIAN KINERJA KEUANGAN BANK UMUM SYARIAH DI INDONESIA DENGAN METODE ECONOMIC VALUE ADDED DAN FINANCIAL VALUE ADDED

Abstract

Banks have an important role as the nation's economy driver. The existence
 of Law No. 21 of 2008 showed the presence of full government support to the
 development of Islamic banking in Indonesia. Developmnet of Islamic banks have
 increased, but then in 2014 and 2015 of Islamic banks has decreased. Islamic
 banks performance drop caused by Islamic banks failed to establish beyond
 banking due to the inability to innovate and the trend of globalization requires
 huge investment to build the Islamic banks in order to gain efficiencies. This is
 where the responsibility for management of Islamic banks is increasing, in
 addition to being challenged to win the competition, companies are also
 challenged to generate added value for stakeholders, especially the existing
 investors and new investors are expected to be the main motor of development of
 Islamic banks in the future.
 The sample in this study was 11 Islamic Banks in Indonesia. 11 samples
 making this happen because of the 12 Islamic Banks in Indonesia, one of which
 recently became Islamic Banks in 2014. The analytical method used is EVA and
 FVA.
 The results show the financial performance of Islamic banks with EVA and FVA
 method in 2012-2014 has a value greater than zero indicating additional value for
 the company, except the Victoria Islamic Bank's financial performance in 2014
 had a value of EVA and FVA less than zero indicating not happen value added for
 the company. The rating of financial performance showed the same rank both
 EVA and FVA each period.