scholarly journals Fenomena Faktor yang Mempengaruhi Nilai Perusahaan

2019 ◽  
pp. 208
Author(s):  
I Gusti Ayu Eka Damayanthi
Keyword(s):  
Stock Prices ◽  
Firm Value ◽  
Stock Exchange ◽  
Foreign Ownership ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance ◽  
Linear Regression Technique ◽  
Csr Disclosure ◽  
A Company

This study explains the phenomenon of factors that influence company value. Based on the phenomenon and associated with the theory, the factors that influence company value are social responsibility disclosure (CSR), good corporate governance (GCG) and foreign ownership (KA). The success of a company is often associated with stock prices and company value. The stock prices for companies that have good value tend to be high both short and long term. The research objective is to provide empirical evidence that CSR disclosure factors, GCG and KA, influence the value of a company. This research was conducted at manufacturing companies listed on the Indonesia Stock Exchange in 2015–2017. The samples were manufacturing companies located on the Indonesia Stock Exchange selected using a non-probability sampling method, specifically purposive sampling. Multiple linear regression technique was used for data analysis. Based on the results of the research, the factors that influence the value of the company are disclosure of CSR, GCG, and KA; and they have a positive effect on firm value. Keywords: Corporate Value, CSR, GCG, Foreign Ownership.

scholarly journals Pengaruh Kinerja Lingkungan, Good Corporate Governance, dan Kepemilikan Asing Terhadap Nilai Perusahaan Manufaktur

2019 ◽  
Vol 29 (2) ◽  
pp. 485
Author(s):  
Ni Luh Dina Rahayu ◽  
Made Gede Wirakusuma
Keyword(s):  
Corporate Governance ◽  
Environmental Performance ◽  
Firm Value ◽  
Stock Exchange ◽  
Foreign Ownership ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance ◽  
Analysis Technique ◽  
Positive Effect

The purpose of this study was to determine the effect of environmental performance (PROPER rating), GCG mechanism, and foreign ownership on company value. The sample in this study is a manufacturing company listed on the Stock Exchange in 2013-2017 with a total of 34 companies, environmental performance seen from the PROPER rating achieved by the company, Tobin’s Q to measure corporate value and proxy for GCG obtained using factor analysis. The data analysis technique of this study uses multiple linear analysis. Based on the results of the analysis it was found that environmental performance and foreign ownership had a positive effect on firm value. This indicates that the higher the percentage of foreign ownership and PROPER ratings obtained by manufacturing companies, the higher the value of the company. The mechanism of Good Corporate Governance is stated to have no effect on the value of the company. Keywords : Environmental Performance; Company Value; Good Corporate Governanc; Foreign Ownership.

scholarly journals PENGARUH KEPEMILIKAN INTERNAL, KUALITAS AUDIT DAN KEBIJAKAN HUTANG TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2020 ◽  
Vol 12 (1) ◽  
pp. 69-78
Author(s):  
Zumrotun Nafiah ◽  
Sopi Sopi
Keyword(s):  
Firm Value ◽  
Audit Quality ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Positive Influence ◽  
Manufacturing Companies ◽  
Factors Affecting ◽  
Company Value ◽  
A Company ◽  
Debt Policy

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

scholarly journals The Effect of Tax Avoidance and Dividend Policies on Company Value With Leverage as Moderation Variables

2021 ◽  
Vol 4 (1) ◽  
pp. 25
Author(s):  
Muhammad Rizal Saragih ◽  
Rusdi Rusdi
Keyword(s):  
Stock Prices ◽  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Market Price ◽  
Tax Avoidance ◽  
Multiple Linear Regression Analysis ◽  
Manufacturing Companies ◽  
Company Value

A high increase in company value is a long-term goal that must be achieved by a company, which is reflected in the market price of its shares because investors' assessment of the company can be seen through the movement of the stock prices of companies listed on the stock exchange. stock exchange for companies that have gone public. This has an impact on shareholders to maintain their investment and potential investors are interested in investing in the company. This study aims to analyze the effect of tax avoidance and dividend policy on firm value with leverage as a moderating variable. The population in this study were manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018, totaling 166 companies, while the sample of this study was 18 companies with a purposive sampling method. The research method used is descriptive statistics, classic assumption testing and hypothesis testing multiple linear regression analysis. The results show that tax avoidance is not significant to firm value, dividend policy has a significant effect on firm value, leverage does not moderate tax avoidance on firm value, leverage. does not moderate dividend policy on firm value, and tax avoidance and dividend policy affect firm value

scholarly journals The Effect of Capital Structure and Sales Growth on Company Profitability and Value in the Cosmetics Manufacturing and Household Needs Manufacturing Companies

2021 ◽  
Vol 8 (2) ◽  
pp. 187-193
Author(s):  
Ni Putu Erlin Pramesti ◽  
Putu Ngurah Suyatna Yasa ◽  
Ni Luh Anik Puspa Ningsih
Keyword(s):  
Capital Structure ◽  
Stock Prices ◽  
Firm Value ◽  
Stock Price ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sales Growth ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Signal

Company value is very important for a company, because the company's value reflects the company's performance which will be associated with stock prices, where the higher the stock price, the higher the value of the company. With a high company value will give a good signal to investors that the company's financial performance is increasing. This study aims to determine the effect of capital structure and sales growth on profitability and firm value. The population in this study is cosmetics and household needs manufacturing companies listed on the IDX. Determination of the sample is done by a purposive sampling method of judgment sampling type and based on predetermined criteria; the number of samples is 5 companies manufacturing cosmetics sub-sectors and household needs. This study uses secondary data obtained from the Indonesia Stock Exchange in 2008-2018. Testing the hypothesis of the study used descriptive statistical test techniques and path analysis test with SPSS (Statistical Product and Service Solutions) application tools. The results showed that: 1) Capital structure has a positive and significant effect on profitability 2) Sales growth has a negative and not significant effect on profitability 3) Capital structure has a positive and significant effect on firm value 4) Sales growth has a positive and significant effect on firm value 5) profitability has a positive and significant effect on firm value 6) Capital structure is able to influence the value of the company through profitability 7) Sales growth is not able to affect the value of the company through profitability.

scholarly journals Peran Profitabilitas dan Good Corporate Governance dalam Memediasi Pengaruh Struktur Modal Terhadap Nilai Perusahaan

2021 ◽  
Vol 2 (1) ◽  
pp. 61-76
Author(s):  
Imam Mujahidin ◽  
Luhgiatno Luhgiatno ◽  
Eman Sukanto
Keyword(s):  
Corporate Governance ◽  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Single Test ◽  
Company Value ◽  
Good Corporate Governance ◽  
Food And Beverage ◽  
The Relationship

This study is about the value of the food and beverage sector manufacturing companies in the Indonesia Stock Exchange from 2013 to 2016. The objective is to analyze the effect of Profitability and Good Corporate Governance in mediating the effect of capital structure on firm value. Methods of data analysis using multiple regression and single test to test the hypothesis. The population in this research are food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018. The sample in this study was selected through purposive sampling, so that a sample of 42 companies was obtained. The result of this research is that capital structure has a negative and significant effect on profitability. Capital structure has a positive and significant effect on Good Corporate Governance (GCG). Capital structure has a positive and significant effect on Firm Value. Profitability has a positive and significant effect on Firm Value. Good Corporate Governance (GCG) has a positive and insignificant effect on Company Value. Profitability cannot mediate the relationship between capital structure and firm value. Good Corporate Governance (GCG) cannot mediate the relationship between capital structure and firm value.

scholarly journals THE EFFECT OF GOOD CORPORATE GOVERNANCE AND TAX PLANNING ON COMPANY VALUE

2018 ◽  
Vol 1 (3) ◽  
pp. 234
Author(s):  
Angga Hidayat ◽  
Nike Yuliah
Keyword(s):  
Corporate Governance ◽  
Regression Analysis ◽  
Firm Value ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Secondary Data ◽  
Tax Planning ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance

This study aims to analyze the influence of Good Corporate Governance and tax planning on corporate value. This research is a type of quantitative research. The type of data used is secondary data obtained from www.idx.co.id and the company's website. The analytical method used is multiple regression analysis using SPSS version 22 software. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange during the period 2013-2017. While the sample of this study was determined by purposive sampling method to obtain a total of 105 data that could be processed.Based on the results of good corporate governance regression analysis which is represented by institusional ownership proxy has a significant effect on firm value and tax planning has a significant effect on firm value.

scholarly journals The Effect of Total Asset Turnover and Profitability on Firm value with Good Corporate Governance as Moderating Variable in Food and Beverage Subsector Manufacturing Companies Listed on the IDX 2010-2019

2021 ◽  
Vol 8 (8) ◽  
pp. 559-567
Author(s):  
Isnartik Bama ◽  
Azhar Maksum ◽  
Abdhy Aulia Adnans
Keyword(s):  
Corporate Governance ◽  
Stock Prices ◽  
Firm Value ◽  
Stock Exchange ◽  
Secondary Data ◽  
Total Asset ◽  
Manufacturing Companies ◽  
Good Corporate Governance ◽  
Food And Beverage ◽  
Asset Turnover

The success rate of the company is often associated with stock prices. High stock prices will impact increasing the value of the company and increasing market confidence. This study aims to analyze the effect of total asset turnover and profitability on firm value in food and beverage companies listed on the Indonesia Stock Exchange for the 2010-2019 period. This study will also examine the good corporate governance variable used as a moderating variable in the research model. The population is food and beverage companies listed on the Indonesia Stock Exchange for 2010 – 2019. From this population, 26 selected companies became the research sample, as many as 14 companies. Moreover, the number of observations used were 140 observations. The data type used is secondary data and the data analysis technique used in Panel Data Regression Analysis and Interaction Moderating Test with the help of EViews10 software. The results of this study indicate that the alpha 5% profitability has a positive and significant influence on firm value. Meanwhile, total asset turnover has a positive but not significant effect on firm value. This study also indicates that good corporate governance can strengthen the influence of profitability on firm value. However, good corporate governance cannot moderate the effect of total asset turnover on firm value. Keywords: total asset turnover, profitability, firm value and good corporate governance.

scholarly journals The Role of Manager Compensation and Integrated Reporting in Company Value: Indonesia vs. Singapore

Economies ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 142
Author(s):  
St. Dwiarso Utomo ◽  
Zaky Machmuddah ◽  
Dian Indriana Hapsari
Keyword(s):  
Firm Value ◽  
Positive Impact ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Integrated Reporting ◽  
Company Value ◽  
The Impact ◽  
Manager Compensation ◽  
A Company

The disclosure of integrated reporting elements can reduce information asymmetry for investors when valuing a company. This study aimed to empirically evaluate the effect of manager compensation, directly or indirectly, on firm value, through the mediating role of the disclosure of integrated reporting elements. The research sample included manufacturing companies listed on the Indonesia Stock Exchange (IDX) and the Singapore Stock Exchange (SGX). The method of analysis was PLS-SEM, using the WarpPLS 7.0 application. The results showed that compensation significantly affects firm value and the disclosure of integrated reporting elements. Integrated reporting has a significant positive impact on firm value. In addition, the disclosure of integrated reporting can mediate the impact of manager compensation on increasing firm value. This research theoretically supports agency theory, disclosure theory, and signal theory, although it is not fully applicable to each country or region of the sample company. The current research contributes to the understanding of the importance of a company’s integrated reporting disclosure in improving company value among investors. Integrated reporting describes how a company creates value over time. Our results also suggest that regulators should oblige public companies to disclose integrated reporting.

scholarly journals Determinants of The Firm Value in Indonesia

2021 ◽  
Vol 11 (1) ◽  
pp. 63-74
Author(s):  
Marshelino Boyke Kristanto ◽  
Lodovicus Lasdi
Keyword(s):  
Greenhouse Gas ◽  
Stock Prices ◽  
Firm Value ◽  
Business Processes ◽  
Stock Exchange ◽  
Sample Selection ◽  
Corporate Management ◽  
Bottom Line ◽  
Company Value ◽  
A Company

Companies are no longer only faced with a single bottom line that centers on financial conditions, but companies must adjust to the triple bottom line concept. One form of environmental responsibility for corporate management for stakeholders and shareholders is by disclosing greenhouse gas emissions. Company value is also a very important factor because it can describe the business processes in a company. A high company value will provide a strong interest for investors to buy shares. An increase in stock prices will also increase the value of a company. This study aims to test and obtain empirical evidence regarding the effect of greenhouse gas disclosure, profitability and leverage on firm value. The population of this research is mining sector companies listed on the Indonesia Stock Exchange during the 2014-2018 period. The sample selection in the study using purposive sampling method. The data analysis technique used multiple linear regression. The results of this study indicate that the variable of greenhouse gas disclosure and profitability has a significant positive effect on firm value. The leverage variable does not have a significant effect on firm value, this is because the amount of debt held by the company is not a major concern for investors because investors are more concerned with how management uses the debt effectively and efficiently for use in developing the company

scholarly journals PENGARUH CORPORATE SOCIAL RESPONSIBILITY (CSR) DAN REPUTASI PERUSAHAAN TERHADAP NILAI PERUSAHAAN

2021 ◽  
Vol 5 (3) ◽  
Author(s):  
Nur Afifah ◽  
Sri Wibawani Wahyuning Astuti ◽  
Dwi Irawan
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Firm Value ◽  
Manufacturing Companies ◽  
Company Value ◽  
Company Reputation ◽  
Csr Disclosure ◽  
Corporate Social ◽  
The Impact ◽  
A Company

This study aims to provide empirical evidence about the effect of corporate social responsibility disclosure and corporate reputation on firm value. The population in this study were all manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2018. The sample in this study was 120 companies selected through purposive sampling. The results of data analysis show that CSR has a negative effect on firm value. But the company's reputation has a positive effect on the value of the company. This study also examines the impact of CSR disclosure on company value mediated by company reputation, the results show that company reputation does not mediate CSR disclosure on company value. This finding shows that CSR activities and company reputation are very important for the company's survival. A good relationship between the company and its stakeholders, especially the community in the form of Corporate Social Responsibility activities and a reputation that has been built by a company, will increase the value of a company which is reflected in the stock price which is formed by the demand and supply of the capital market that reflects the public's assessment of the company's performance.  

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