PERFORMANCE EVALUATION OF PROPERTY AND REAL ESTATE COMPANIES LISTED ON INDONESIA STOCK EXCHANGE USING DATA ENVELOPMENT ANALYSIS

Authors

  • Tessa V. Soetanto Faculty of Economics, Petra Christian University Siwalankerto 121–131, Surabaya 60236
  • Liem Pei Fun Faculty of Economics, Petra Christian University Siwalankerto 121–131, Surabaya 60236

:

https://doi.org/10.9744/jmk.16.2.121-130

Keywords:

Company Performance, Technical Efficiency, Property and Real Estate, DEA

Abstract

This paper aimed to evaluate perfomance of property and real estate companies listed in Indonesia Stock Exchange using the DEA method. Samples were 23 companies listed from 2009–2012. Results showed that some companies are relatively efficient each year. However, only one company consistently had technical efficiency equal to 1. The main cause of inefficiency from 2009–2011 was scale inefficiency while inefficiency happened in 2012 was pure technical inefficiency. Overall the companies operate efficiently un-der constant returns to scale is showing an increase from 17.39%–39.13%.

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Published

2014-09-01

How to Cite

Soetanto, T. V., & Fun, L. P. (2014). PERFORMANCE EVALUATION OF PROPERTY AND REAL ESTATE COMPANIES LISTED ON INDONESIA STOCK EXCHANGE USING DATA ENVELOPMENT ANALYSIS. Jurnal Manajemen Dan Kewirausahaan, 16(2), 121-130. https://doi.org/10.9744/jmk.16.2.121-130

Issue

Vol. 16 No. 2 (2014): SEPTEMBER 2014

Section

Articles

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