scholarly journals Factors Affecting Company Values in the Companies Listed in the Jakarta Islamic Index

2021 ◽  
Vol 9 (2) ◽  
pp. 275
Author(s):  
Risdiana Himmati ◽  
Rifda Nabila ◽  
Lisza May Maslinda

<p><em>The rapid development of the global economy has triggered competition between economic actors, especially between companies; therefore, it is necessary to do the company value analysis to attract investors. The purpose of this study was to determine the factors that affect firm value. This study used a quantitative approach, with a sample of 3 companies. The data processing used Error Correction Model analysis. The study results partially showed that the relationship between the company value in the short and long term with the company size had a negative and insignificant effect; the company growth had a positive and insignificant effect. In the short term, the funding decisions had a negative and insignificant effect; the profitability had a positive and insignificant effect; the investment decisions had a positive and insignificant effect. In the long term, the funding decisions had a positive and significant effect, the profitability had a negative and insignificant effect, and the investment decisions had a positive and significant effect. Simultaneously the independent variable affects the firm value. These findings have implications for adding to the literature on the factors that influence company values and are valuable for executives in companies, especially in implementing policies to increase company value.</em></p>

2020 ◽  
Vol 7 (6) ◽  
pp. 1091
Author(s):  
Novia Rizky Ramadhanty ◽  
Puji Sucia Sukmaningrum

The company has a long-term goal of maximizing corporate value. The achievement of these goals is done by corporate managers through the implementation of financial decisions consisting of Return On Asset, Quick Ratio, Debt to Total Asset dan Dividen Payout Ratio. The purpose of this research is to verify the influence of Return On Asset, Quick Ratio, Debt to Total Asset dan Dividen Payout Ratio to company value. The sample used is companies listed in the Jakarta Islamic Index (JII) during the year 2013-2018. Determination of sample by using purposive sampling technique. The process of data analysis is done by using multiple linear regression. The study results showed that QR does not affect the value of the company. While variable of ROA, DAR dan DPR have positive effect to company value.Keywords: firm value, ROA, QR, DAR, and DPR


2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Anita Ade Rahma ◽  
Lisa Nabawi ◽  
Ronni Andri Wijaya

The purpose of this study is to analyze the role of institutional leadership, tax planning and foreign board of commissioners on firm value. The population in this study were 615 companies listed on the Indonesia Stock Exchange in 2015-2017. The sample was chosen using purposive sampling to get a total sample of 325 companies with a total of 975 observations of company data. The results of this study indicate that institutional leadership and tax planning have no role in increasing company value. While the foreign board of commissioners showed a significant influence on the value of the company. This proves that there is a need for diversity in the structure of the board that can trigger an increase in the value of the company. In addition, the presence of a foreign board is needed for the progress of the companyKeywords: Investment decisions; funding decisions; dividend policy; company value


2019 ◽  
Vol 8 (9) ◽  
pp. 5632
Author(s):  
Putu Diah Melinda Yanti ◽  
Nyoman Abundanti

This study was conducted to examine the effect of profitability, leverage and dividend policy on the value of companies in property, real estate and building construction companies on the Indonesia Stock Exchange which distributed dividends in a period between 2014 and 2017. Thirteen samples were examined. (13) companies selected through purposive sampling method that determines certain criteria in determining samples to be used in the observation period for four years. The data collection method used in this study is a nonparticipant observation method, namely by observing the company's financial statements. Data analysis was done by multiple linear regression analysis techniques. Based on the results of the analysis it was found that profitability and leverage had a significant positive effect on firm value, while dividend policy had a negative and insignificant effect. This indicates that dividend policy is not one of the main factors affecting the value of the company. Keywords: company value, dividend, profitability, leverage


2019 ◽  
Vol 8 (2) ◽  
pp. 103
Author(s):  
Hadi Santoso

Managers who are responsible for the management of companies are faced with two important decisions - investment and funding. The right investment decisions and choice of funding sources are important because they affect the company's financial performance. The selection of the types of assets to be invested and the right types of financing sources result in optimal returns for the company. It reflects good company performance and future prospects. In addition, optimal return is a good sign for investors. Companies that perform well experience increase in the value of their firm. This study examined the effect of investment decisions and the selection of appropriate sources of funds on the performance of the company and the consequent impact on the firm value. The study was conducted in two parts. The first part examined the effect of investment decisions on long-term assets with long-term funding on the rate of return and firm value. The second part examined the effect of investment decisions on the company's short-term assets and funding for financial performance and firm value. The case study used in this research is a consumer goods sub-sector company listed on the Indonesia Stock Exchange in the period 2010 to 2017. Path analysis is the data analysis tools that was used. The results of data analysis showed that the asset structure has an effect on financial performance and firm value. The capital structure affects the financial performance but does not affect the firm value of the company. Financial performance was measured by ROI.


Author(s):  
Rico Nur Ilham ◽  
Majied Sumatrani Saragih ◽  
Andri Saifannur

This study aims to determine how the influence of working capital management and leverage on firm value with profitability as a moderating variable. The research method used is quantitative data method. 1) Working Capital Management variable has a positive and significant effect on Firm Value. 2) Leverage variable has no significant effect on firm value. 3) Working Capital Management and Leverage variables have no simultaneous significant effect on Firm Value. 4)Profitability variable is a moderator variable that affects the relationship between Working Capital Management and Firm Value. 5) Profitability variable is not a moderator variable that can moderate the relationship between Leverage and Firm Value.Company value can be used as the basis for making investment decisions because this aspect measures the ability of the company's assets to generate a return on investment made in the company's asset instruments.


Author(s):  
Tsai-Jung Cheng ◽  
Yi-Min Hsu ◽  
Tung-Han Tsai ◽  
Ming-Yu Chen ◽  
Shwu-Feng Tsay ◽  
...  

With the increasing number of people with disabilities caused by an aging global population, the need for long-term care is gradually increasing. Nursing assistants (NAs) are the primary providers of direct care services to older adults with disabilities, whose knowledge, skills, and beliefs affect the quality of care provided. This study aimed to investigate the influential factors affecting NAs’ current competences. A total of 255 NAs’ valid questionnaires were collected from 20 long-term care institutions in Taiwan through convenience sampling. The questionnaire comprised dimensions of demographics and care competence. The study results indicated that NAs had the greatest care competence in the domain of recognition of patient rights (4.64 ± 0.54 points). The multiple regression indicated that age, religion, job category, disability care experience, the receiving of performance bonuses, and the receiving of year-end bonuses significantly affected the level of care competence (p < 0.05). With the aforementioned findings, the results of this study serve as references for the government in employing long-term care NAs and developing management policies. Training programs for NAs should be developed to improve the quality of care provided to older adults with disabilities.


Author(s):  
Amiral Amra ◽  
Herawati Herawati

This research  aims to determine the  influence of investment decisions, financing decisions, and dividend policy on the firm value at Indonesia Stock Exchange. This research conducted during 7 year (period 2003 to 2009) to the 347 company as sample. The results show that: firts, investment decisions positively affects on the firm value, this means that if company improve the amount of invesment hence company value will mount. Second, financing decisions not positively affects on the firm value, this means that investor candidate in assessing company not see where from source of financing company. Third, dividend policy positively affects on the firm value, this means that excelsior of deviden, stockholder will  more prosperous.


Author(s):  
Siska Gita Pratiwi ◽  
Robiyanto Robiyanto ◽  
Harijono Harijono

Objective: Indonesia’s economic growth is mostly supported by the agricultural sector in which the plantation sub-sector has a significant contribution to the primary sector in the sectoral index of Indonesia Stock Exchange (IDX). Plantation companies have a long-term goal of maximizing shareholder prosperity by increasing company values. This study aimed to determine the influence of fundamental factors on company values of plantation companies listed on the IDX during 2015-2019. Research Design & Methods: This study used secondary data involving 8 samples of plantation companies listed on the IDX using a purposive sampling method and panel regression analysis techniques. Research data was taken from the annual reports on the IDX. Findings: The results showed that Managerial Ownership (MO), Debt to Equity Ratio (DER), Earnings per Share (EPS), and Company Age (AGE) have a positive correlation to Firm Value (FV). However, the probability of MO, EPS, AGE is not significant and only DER has a significant effect on FV. Recommendations: There is a blemish in research for further research that is expanding the scope of research, and future studies is suggested to analyze the fundamental influence on FV before and during the Covid-19 period. This cannot be done in this study because the data is still limited. Contribution & Value Added: This result contributes to the financial literature and can be a consideration for investors in investment based on company value.


2020 ◽  
Vol 12 (1) ◽  
pp. 69-78
Author(s):  
Zumrotun Nafiah ◽  
Sopi Sopi

Establishment of a company has a clear goal one of which is to maximize the firm value. There are many factors affecting firm value and this study intends to empirically learning the effect of internal ownership, audit quality, and debt policy to firm value. The population of this study is manufacturing companies listed on the Indonesian Stock Exchange for period 2017-2019, amounting to 149 companies. The sample of the study was selected as many as 11 companies with purposive sampling technique. Data collection method of this research is documentation. Data were analyzed using statistical decriptive and multiple regression analysis. The result shows that there is no positive influence of internal ownership to firm value with p=0.552 (p>0.05), audit quality has significant effect to company value with p=0.035 (p<0.05), debt policy has no significant effect on the firm value with p=0.807 (p> 0.05). The next study must adding other variables that also could affect the firm value such as leverage, profitability, investment, institutional ownership and others


2022 ◽  
Vol 4 (3) ◽  
pp. 437-446
Author(s):  
Arum Ludianingsih ◽  
Gendro Wiyono ◽  
Ratih Kusumawardhani

Companies need funds to finance their operational activities, therefore a company must be able to attract investors to be interested in investing their capital. The high and low value of the company can be an attraction for investors. In addition to reflecting current conditions, company value can also describe the company's prospects in the future. Because it is important to do a research on what factors can have an influence on the value of the company. This study aims to analyze the effect of profitability, liquidity, firm size and investment decisions on firm value. The study was conducted on banks listed on the Indonesia Stock Exchange in 2018-2020, the sampling method used a purposive sampling technique. The analytical technique used is multiple linear regression analysis with the help of the SPSS program. The results of this study indicate that the variables of profitability, liquidity and investment decisions have a positive and significant effect on firm value. While the firm size variable has a negative and insignificant effect on firm value. Keywords: firm value, profitability, liquidity, firm size, investment decisions


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