scholarly journals Pengaruh Profitabilitas dan Struktur Aktiva terhadap Harga Saham dengan Struktur Modal sebagai Variabel Intervening pada Perusahaan Manufaktur di Bursa Efek Indonesia

Author(s):  
Muhammad Izwan ◽  
jhon fernos

This research is quantitative research. With the method of data collection is documentation. The population in this study were manufacturing companies listed on the Indonesian stock exchange in the 2013-2017 period. The sample is focused on the consumer goods industry sector and after sample selection is done using the professional sampling method, the sample is 16 companies. Data analysis method uses regression analysis with intervening and extended by analyzing the path and get the following results: there is a positive and significant effect of profitability on stock prices, asset structure has no significant positive effect on stock prices, profitability has a positive and significant effect on capital structure, asset structure has a positive and significant effect on capital structure, capital structure has a negative and significant effect on stock prices, and the capital structure does not mediate the relationship between profitability and asset structure variables on stock prices

2017 ◽  
pp. 26-36
Author(s):  
Binsar Sihombing

This study aimed to analyze the effect of dividend payout ratio, return on assets and sales of company stock at Indonesia Stock Exchange. To achieve these objectives, sampling in this study using purposive sampling method. Population used in this study are listed manufacturing companies in Indonesia PT.Bursa Securities in 2009 as many as 153 companies, of the population taken as a sample of 42 companies. Analyses were performed with multiple linear regression models. Note that the discussion of the results, the dividend payout ratio, return on assets and sales have a positive effect on stock prices. Dividend payout ratio has a regression coefficient of 0.180311 with a probability of 0.0847 or 8.47 percent. Return on assets has a regression coefficient of 0.54029 with a probability of 0.0093 or 0.93 percent. Sedangka sales have koefien regression of 0.428178 with a probability of 0.0000, or 0 percent.


2019 ◽  
Vol 27 (2) ◽  
pp. 123
Author(s):  
Hilma Faza Ariyani ◽  
Irene Rini Demi Pangestuti ◽  
Susilo Toto Raharjo

The purpose of this study was to determine and examine the effect of asset structure, profitability, firm size and company growth on the capital structure of manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2013 – 2017. The sampling method used was purposive sampling that was 52 companies in the criteria. Data obtained from the Financial Reports and Performance Reports published in the Indonesian Capital Market Directory (ICMD). The analytical tool that used is multiple regression. Hypothesis testing is done by the F test, t-test and determination coefficient. For the classical assumption, the test is done by the normality test, autocorrelation test, multicollinearity test, and heteroscedasticity test. The analysis of asset structure has a positive effect on the capital structure and not significant to the capital structure, profitability has a negative and significant effect on the capital structure, the size of the company has a positive and significant effect on the capital structure, and the company’s growth has a negative and significant effect on the capital structure. 


2019 ◽  
Author(s):  
Roy Lasmi Harahap ◽  
Lola Fitria Sari

This study aims to discuss the impact of profitability, firm size and capital structure on firm value. The population in this study were manufacturing companies listed on the Indonesian stock exchange in the 2013-2017 period. This research is quantitative research. With the method of data collection is documentation. The sample selection is done using the purposive sampling method, the sample is 40 companies. Financial report data is obtained from the official IDX website. The analytical methode used is regression analysis of panel data with the help of application E-Views 8. The result of the research show that variable profitability has a positive and significant effect on firm value, size firm has a negative and significant on firm value and capital structure does not have any significant influence on firm value.


2021 ◽  
Vol 14 (2) ◽  
Author(s):  
Sartika Wulandari

This study examines the effect of managerial ownership, institutional ownership, independent commissioners, audit committees and profitability, on the timeliness of financial reporting in manufacturing companies listed on the Indonesia Stock Exchange for the 2016-2019 period. The population in this study were all companies listed on the Indonesia Stock Exchange from 2016 to 2019. The sample selection used the purposive sampling method and 299 samples were obtained. The analysis used is logistic regression analysis. The results showed that profitability had a significant positive effect on the timeliness of financial reporting. Meanwhile, managerial ownership, institutional ownership, independent commissioners, and audit committees have no effect on the timeliness of financial reporting


Author(s):  
Randy Chaidir ◽  
Rosidi Rosidi ◽  
Wuryan Andayani

This study aims to determine the effect of debt policy and profitability on firm value moderated by corporate governance. This study uses secondary data on manufacturing companies listed on the Indonesia Stock Exchange for a five-year period from 2016 to 2020. The sample selection used the purposive sampling method in order to obtain a total of 195 samples that met the specified criteria. This research was tested using Moderated Regression Analysis. The results of this study provide evidence that debt and profitability policies have a positive effect on firm value.  Corporate is unable to influence the policy of debt to the value of the company, meaning that corporate governance cannot parse the information asymmetry caused by the policy of debt to corporate value and corporate governance strengthen the influence of profitability on firm value, which means that with the increasing corporate governance can strengthen the effect of profitability on firm value.


Author(s):  
M.Noor Salim ◽  
Rina Susilowati

This research aims to analyze the effects of profitability (ROA), liquidity (CR), assets growth, and firm size towards capital structure (DER) and the impact on firm value (PBV).This research uses secondary data from yearly financial statement of food and baverages companies listed in Indonesian Stock Exchange for period 2013-2017. The research design uses descriptive quantitative research and causality. Sampling method uses purposive sampling method, with some predetermined criteria, the number of sample is 17 manufacturing companies. The analysis technique used is panel data regression. The research results shows that the profitability (ROA) and firm size partially have negative effect and not significant on capital structure (DER). The liquidity (CR) and assets growth partially have negative effect and significantly on capital structure (DER). Then the capital structure (DER) partially have positive effect but not significantly influences the firm value (PBV). The profitability (ROA) partially have positive effect and significant on firm value (PBV). The liquidity (CR) and assets growth partially have negative and significant effect on firm value (PBV), and firm size partially have negative and not significant effect on firm value (PBV). Simultaneously profitability (ROA), liquidity (CR), assets growth and firm size effect on capital structure (DER). On the other side, simultaneously profitability (ROA), liquidity (CR), assets growth and firm size have effect on firm value (PBV).


2021 ◽  
Vol 1 (2) ◽  
pp. 157
Author(s):  
Rival Rohmawan ◽  
Yeni Oktaviani ◽  
Pitri Yandri

This study aims to test the effect of CSR on firm value (stock price) with profitability as a moderating variable with quantitative approach on the 7 manufacturing companies listed in Indonesia stock Exchange (BEI) in the period from 2013 to 2019, so there are 49 observational data acquired. The sampling method using purposive sampling with the criteria that have been determined. Data analysis method used is the analysis of panel data regression with the aid of EViews 10. The results showed that CSR does not affect the Profitability of the proxies ROA can not strengthen the influence of CSR on stock price. Simultaneously, CSR and profitability as a moderating effect on stock prices.


2020 ◽  
Vol 28 (1) ◽  
pp. 51-70
Author(s):  
Kristianus Ronaldo Jemani ◽  
Teguh Erawati

This study aims to examine whether profitability has an effect on firm value, profitability has an effect on capital structure, capital structure has an effect onfirm value and profitability on firm value with capital structure as an intervening variable.The study took a sample of manufacturing companies listed on the Indonesia Stock Exchange. The type of data used in this study is secondary data in the form of a company’s annual financial report. During the 2014-2018 period, there were 142 manufacturing companies. The method of determining the sample used in this study is purposive sampling, which is a sampling method determined or determined by researchers in accordance with certain criteria. Manufacturing companies are 42 sample companies. Data is also analyzed using path analysis.The results of the study include (1) profitability has a significant positive effect on firm value, (2) profitability has a significant positive effect on capital structure, (3) capital structure has a significant positive effect on firm value, (4) Profitability has a significant positive effect on firm value with capital structure as an intervening variable.


2020 ◽  
Vol 28 (1) ◽  
pp. 51-70
Author(s):  
Kristianus Ronaldo Jemani ◽  
Teguh Erawati

This study aims to examine whether profitability has an effect on firm value, profitability has an effect on capital structure, capital structure has an effect on firm value and profitability on firm value with capital structure as an intervening variable.The study took a sample of manufacturing companies listed on the Indonesia Stock Exchange. The type of data used in this study is secondary data in the form of a company’s annual financial report. During the 2014-2018 period, there were 142 manufacturing companies. The method of determining the sample used in this study is purposive sampling, which is a sampling method determined or determined by researchers in accordance with certain criteria. Manufacturing companies are 42 sample companies. Data is also analyzed using path analysis.The results of the study include (1) profitability has a significant positive effect on firm value, (2) profitability has a significant positive effect on capital structure, (3) capital structure has a significant positive effect on firm value, (4) Profitability has a significant positive effect on firm value with capital structure as an intervening variable.


2020 ◽  
Vol 4 (2) ◽  
pp. 75
Author(s):  
Christian Christian ◽  
Yanuar Yanuar

The purpose of this study is to obtain empirical evidence about the effect of profitability, sales growth, and asset structure on firm capital structure in manufacturing companies listed at Indonesian Stock Exchange during the years 2011-2018. This study uses purposive sampling method to collect data and consists of 11 manufacturing companies listed at Indonesian Stock Exchange during the years 2011-2018. The hypothesis was tested by using multiple linear regression. The results of this study show that profitability has negative significant influence on firm capital structure, sales growth have negative significant influence on firm capital structure, asset structure have negative significant influence on firm capital structure, and also fluctuating exchange rate strengthen the relationship between profitability and firm capital structure.


Sign in / Sign up

Export Citation Format

Share Document