scholarly journals PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, KEBIJAKAN DEVIDEN, DAN KEPUTUSAN INVESTASI TERHADAP NILAI PERUSAHAAN (Studi Penggunaan Indeks LQ-45 Periode 2010 -2014)

2016 ◽  
Vol 1 (2) ◽  
pp. 156
Author(s):  
Henri Dwi Wahyudi ◽  
Chuzaimah Chuzaimah ◽  
Dani Sugiarti
Keyword(s):  
Firm Size ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Corporate Value ◽  
Dividend Payout ◽  
Return On Equity ◽  
Company Value ◽  
Regression Test ◽  
A Company

A company aimed and tried to maximize shareholder prosperity. Shareholder prosperity was reflected by company value. This study aimed to review the effect of firm size, Dividend Payout Ratio, Return on Equity, and Price Earning Ratio on firm value among ILQ45 companies registered in The Indonesia Stock Exchange. Populations of this study were firms registered in The Indonesia Stock Exchange of the year 2010 – 2014. The research used purposive sampling method based on determined criteria. There were 22 firms with totally 110 data. After the outliers process, there were 18 with totally 90 data samples. Based on these data, this study carried a classic assumption analysis using multiple regression data with SPSS16. The regression test resulted: (1) Firm size positively influenced and not significant to firm value; (2) Dividend Payout Ratio positively influenced and not significant to firm value; (3) Return on Equity positively influenced and not significant to firm value; (4) Price Earning Ratio positively influenced and not significant to corporate value.

scholarly journals Pengaruh ukuran perusahaan dan leverage terhadap nilai perusahaan dengan profitabilitas sebagai variabel moderasi

2021 ◽  
Vol 8 (2) ◽  
Author(s):  
Siwi Nur Khotimah ◽  
Rita Indah Mustikowati ◽  
Ati Retna Sari
Keyword(s):  
Business Strategy ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Company Size ◽  
Company Value ◽  
Property Companies ◽  
Negative Effect ◽  
Independent Variable ◽  
A Company

This study aims to examine and explain the effect of company size and leverage on firm value with profitability as a moderating variable in Real Estate and Property companies listed on the Indonesia Stock Exchange in the period 2016-2018. This type of research is explanatory research, testing classical assumptions, and analyzed using a moderated regression analysis, and using the t test. The number of samples is 32 companies, and the sampling method used is purposive sampling. This research variable consists of company size and leverage as an independent variable, company value as the dependent variable, and profitability as a moderating variable. The analysis showed that partially company size and leverage had no significant effect on firm value, profitability had a negative effect on firm value and profitability weakened the effect of company size on firm value and profitability strengthened the effect of leverage on firm value. In this study, it can provide implications for a company to consider factors of company size, leverage, and profitability, and can also be used as a reference by other companies in business strategy, understand aspects of the industry they are involved in, and pay more attention to the development of the environment that can affect the company's business so that it can increase the value of the company.

scholarly journals COMPANY VALUE DETERMINANTS STUDY ON MANUFACTURING COMPANY LISTED IN INDONESIA STOCK EXCHANGE

2017 ◽  
Vol 14 (02) ◽  
pp. 111
Author(s):  
Oyong Lisa
Keyword(s):  
Firm Size ◽  
Firm Value ◽  
Research Method ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Positive Influence ◽  
Coefficient Of Determination ◽  
Corporate Value ◽  
Manufacturing Companies ◽  
Company Value

The purpose of this study to determine the effect of firm size, leverage, and profitability to the value of companies in manufacturing companies listed on the Indonesia Stock Exchange (BEI) partially or simultaneously. This research tested the hypothesis that there is influence of firm size, leverage, and profitability to the value of companies in manufacturing companies listed on the Indonesia Stock Exchange (BEI). The sampling technique used was purposive sampling. The research method used is multiple linear regression statistic method.The results showed that firm size variables have no effect on firm value, leverage has no effect on firm value, profitability has positive influence to firm value. While simultaneously there is influence of firm size, leverage, and profitability to firm value with coefficient of determination (adjusted R2) obtained equal to 0,28, indicating that 28% company value can be influenced by firm size, leverage, and profitability, while side 72% The value of the company is influenced by the variables that are not examined in this research. The limitations of this study is to examine the effect of firm size, leverage, and profitability on firm value. While other variables that affect the value of the company is expected to be examined by further researchers.Keywords: Firm Size, Leverage, Profitability, Corporate Value

scholarly journals APAKAH RASIO KEUANGAN BERDAMPAK PADA NILAI PERUSAHAAN PERKEBUNAN DI BEI?

2019 ◽  
Vol 5 (1) ◽  
pp. 123-130
Author(s):  
Yefni Yefni
Keyword(s):  
Linear Regression ◽  
Multiple Linear Regression ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Financial Ratios ◽  
Tobin's Q ◽  
Purposive Sampling ◽  
Regression Test ◽  
A Company

This study aims to identify the effect of financial ratios, in the form of profitability (ROA), liquidity (CR), and solvability (DER) on firm value. The value of the company was measured using Tobin’s Q. The population of this study were all of the plantation companies listed on the Indonesian Stock Exchange during the 2014-2018. Next, the sample was selected using purposive sampling method. The data in this study were analyzed using multiple linear regression test. The results of this study indicate that of all the variables studied, only ROA and CR have a significant effect on firm value. This shows that profitability and liquidity are the main focus of investors so that investors will pay more attention to these two variables. When a company is profitable and liquid, investors will be interested in investing so that the value of the company will increase.

scholarly journals PENGARUH UKURAN PERUSAHAAN, FINANCIAL LEVERAGE, DIVIDEND PAYOUT RATIO, DAN NILAI PERUSAHAAN TERHADAP PERATAAN LABA

2021 ◽  
Vol 26 (1) ◽  
pp. 80-92
Author(s):  
Yolanda Sesilia ◽  
A. Zubaidi Indra ◽  
Chara Pratami Tidespania Tubarad
Keyword(s):  
Logistic Regression ◽  
Regression Analysis ◽  
Firm Size ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Income Smoothing ◽  
Annual Reports ◽  
Financial Leverage ◽  
Dividend Payout

This study aimed to examine the effect of Firm Size, Financial Leverage, Dividend Payout Ratio, and Firm Value toward Income Smoothing in BUMN Companies Listed on Indonesia Stock Exchange.  Income Smoothing measured by Index Eckel’s.  The Population in this study is BUMN companies listed on the Indonesia Stock Exchange in 2015-2019 Based on the purposive sampling method, the sum of a sample obtained from the population is 16 companies.  Sources of data obtained from annual reports of companies listed on Indonesia Stock Exchange in 2015-2019.  The analytical method for this study uses logistic regression analysis and Mann Whitney test with SPSS 21.  Based on the result of the analysis showed Firm Size, Financial Leverage, Dividend Payout Ratio, and Firm Value are not influence Income Smoothing. 

scholarly journals The Influence of Firm’s Size, Growth, and Profitability on Firm Value with Capital Structure as the Mediator: A Study on the Agricultural Firms Listed in the Indonesian Stock Exchange

2017 ◽  
Vol 9 (8) ◽  
pp. 103 ◽  
Author(s):  
Purwohandoko
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Firm Value ◽  
Firm Growth ◽  
Sampling Method ◽  
Stock Exchange ◽  
Corporate Value ◽  
Purposive Sampling ◽  
Size Growth ◽  
The Capital Structure

This study aims to examine the effect of size, growth, and profitability on corporate value with capital structure as a mediator.This study was conducted on agricultural companies listed on the Indonesia Stock Exchange from 2011 to 2014. The population of this study is an agricultural company listed on the Indonesia Stock Exchange period 2011-2014 with a sample of 14 companies, using purposive sampling method. Data were analyzed using smartpal, because this research adds capital structure as mediator variable.The results of this study indicate that firm size and firm growth have no effect on capital structure. Profitability negatively affects the capital structure.

scholarly journals Faktor Penentu Firm Value Pada Perusahaan Manufaktur Di Indonesia

2020 ◽  
Vol 2 (1) ◽  
pp. 196
Author(s):  
Vincentius G. Krisnawijaya ◽  
Ignatius Roni Setyawan
Keyword(s):  
Growth Model ◽  
Firm Size ◽  
Firm Value ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Sales Growth ◽  
Return On Equity ◽  
Index Model ◽  
Managerial Overconfidence ◽  
A Company

Firm value is the most important issue for a company, because all the company’s goals is to determine the firm value. There is always another factors while reaching the goals. Managerial overconfidence, profitability, firm size, and leverage are used in this research that affecting the firm value. The companies from manufacturing sector are the population that are used in this research and registered in Indonesia Stock Exchange (BEI) period 2015-2018 with 252 is the number of the total of observation. The managerial overconfidence will be measured by sales index model and sales growth model. This research found that managerial overconfidence which use measurement of sales index model and profitability that use return on equity have a positive and significant impact on firm value. On the side, firm size and leverage have no significant impact on firm value. Further research is expected to have a detail analysist on the subject and period, along with the other independent variables. Nilai perusahaan merupakan hal yang sangat penting bagi sebuah perusahaan, karena semua tujuan dari adanya perusahaan adalah meningkatkan nilai perusahaan. Untuk mencapai tujuan tentu ada faktor-faktor yang mempengaruhinya. Pada penelitian ini akan meneliti pengaruh managerial overconfidence, profitability, firm size dan leverage sebagai variabel-variabel yang menentukan peningkatan firm value sebuah perusahaan. Populasi yang digunakan dalam penelitian ini adalah perusahaan-perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun pengamatan 2015-2018 dengan total 252 observasi. Managerial overconfidence akan diuji dengan dua pengukuran, yang pertama adalah sales index model dan yang kedua adalah sales growth model. Penelitian ini menemukan bahwa managerial overconfidence yang menggunakan sales index model dengan profitabilitas menggunakan ROE berpengaruh signifikan dengan firm value. Sementara itu, firm size dan leverage ditemukan memiliki pengaruh tidak signifikan terhadap firm value. Penelitian kedepan diharapkan untuk meneliti lebih seksama terhadap subjek dan periodenya bersamaan dengan variabel independen lainnya.

scholarly journals THE ROLE OF PROFITABILITY IN MEDICATING THE EFFECT OF THE CAPITAL STRUCTURE OF COMPANY VALUE IN IDX PERIOD 2013-2017

2018 ◽  
Vol 7 (9) ◽  
pp. 4831
Author(s):  
I Gusti Ayu Agung Bulan Windu Kirana ◽  
Ida Bagus Badjra
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Sampling Method ◽  
Total Population ◽  
Stock Exchange ◽  
Corporate Value ◽  
Industry Sector ◽  
Company Value ◽  
The Capital Structure

The value of the company reflects the prosperity for the owners of the company and creates the welfare of shareholders. In order for investors to get a high score then need to note the factors that affect the value of the company. This research was conducted in Consumer Goods Industry sector in Indonesia Stock Exchange with total population of 26 companies. The number of samples taken as many as 12 companies with purposive sampling method. Technique Analysis of data used is path analysis. Based on the results of the analysis found that the capital structure has a positive and significant impact on corporate value, profitability has a positive and significant impact on firm value. This means that the capital structure plays an important role for the company in increasing profitability, so the addition of proportion of debt that can increase profitability can be used to obtain higher corporate value. Keywords: capital structure, profitability, firm value  

scholarly journals PENGARUH PROFITABILITAS, LEVERAGE, DAN MODAL KERJA PADA NILAI PERUSAHAAN DENGAN CSR SEBAGAI VARIABEL INTERVENING

2018 ◽  
pp. 1
Author(s):  
I Gusti Ngurah Yoga Dimas Atmaja ◽  
Ida Bagus Putra Astika
Keyword(s):  
Path Analysis ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Analytical Techniques ◽  
Corporate Value ◽  
Working Capital ◽  
Maximum Profit ◽  
A Company ◽  
Positive Effect

Companies are a group of people who are members of an organization that works to achieve certain goals. One of the company's most fundamental goals is to gain maximum profit or profit from its business activities. The purpose of establishment of a company not only to achieve maximum profit, but also aims to improve the prosperity of parties related to corporate activities, such as shareholders and stakeholders so that the value of the company increases. The purpose of this study is to determine the effect of profitability, leverage, and working capital on corporate value with CSR as intervening variable. This research is conducted in consumer goods company listed in Indonesia Stock Exchange (IDX) period 2013-2015 period. The number of samples taken as many as 75 companies, with purposive sampling method. Data collection is done by downloading the company's annual report. Analytical techniques used include regression analysis that requires descriptive statistics, classical assumption test, path analysis, and test sobel. Pursuant to result of path analysis and sobel test found that profitability and leverage not have an effect on CSR, while working capital have positive effect on CSR. Profitability affects positively on firm value, while leverage and working capital have no effect on firm value. CSR can not mediate the effect of profitability, leverage, and working capital on firm value.

scholarly journals PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, DAN LEVERAGE TERHADAP PENETAPAN TINGKAT DISKONTO DALAM ADOPSI METODE EKUITAS

2020 ◽  
Vol 3 (2) ◽  
pp. 156
Author(s):  
Mei K Abdullah
Keyword(s):  
Discount Rate ◽  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Size Analysis ◽  
Return On Equity ◽  
Financial Report ◽  
Natural Logarithm ◽  
A Company

This study aims to obtain empirical evidence of the effect of firm size, profitability, and leverage on the determination of the discount rate when the adoption of equity method. Firm size is measured by using natural logarithm of total company asset, Profitability is measured by Return on Equity (ROE), and Leverage is measured by Debt to Equity (DER). The discount rate is measured by the discount rate set by the company. The population in this study is a company listed Indonesia Stock Exchange during the year 2015-2016. The research data is obtained from the company's financial report on Bursa Effek Indonesia during the year 2015-2016. Pursuant to purposive sampling method, the sample obtained as many as 208 companies during 2015-2016. The hypothesis in this study was tested using multiple regression. The result of firm size analysis has negatif and not significant influence to the determination of discount rate and profitability and leverage analysis has positif and significant effect on the determination of discount rate at the time of adoption of equity method.

scholarly journals Pengaruh Struktur Modal, Profitabilitas, Likuiditas, dan Ukuran Perusahaan terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Infrastruktur, Utilitas, dan Transportasi yang Terdaftar di Bursa Efek Indonesia Periode 2015-2018)

2021 ◽  
Vol 12 (1) ◽  
pp. 100
Author(s):  
Tunggul Priyatama ◽  
Eka Pratini
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Firm Value ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Investment Funds ◽  
Company Value ◽  
Negative Effect ◽  
Tax Savings ◽  
A Company

The purpose of this study was to determine the effect of capital structure, profitability, liquidity, and firm size on firm value of the company on infrastructure, utilities and transportation companies listed on the Indonesia Stock Exchange for the period 2015- 2018. The sampling technique used was purposive sampling, the sample of companies obtained consisted of 24 infrastructure, utilities and transportation companies listed on the Stock Exchange in 2015-2018. The research method uses multiple linear regression with a panel data approach. The results show that capital structure and profitability have a significant positive effect on the firm value of infrastructure, utilities and transportation companies listed on the Indonesia Stock Exchange for the period 2015-2018. Liquidity and firm size have a significant negative effect on the firm value of infrastructure, utilities and transportation companies listed on the Indonesia Stock Exchange for the period 2015-2018. The implications of this study include that additional debt in the company's capital structure can be a positive signal to investors that can increase company value because additional debt in a company can be used for additional investment funds and corporate tax savings. Then, an increase in the value of profitability can show investors good prospects for the company because many investors are attracted to companies that have good profitability, and have an effect on increasing share demand and company value.

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