Effect of Return on Assets and Company Growth on Company Value (A Case Study of Manufacturing Companies Listed on Indonesia Stock Exchange)
2021 ◽
Vol 4
(2)
◽
pp. 1-11
Keyword(s):
This study aims to determine the effect of profitability and growth on the value of manufacturing companies listed on the Indonesia Stock Exchange (IDX) in the 2017-2019 period. This paper involved the population is 189 companies with a total of 55 companies purposively selected as the samples. For the five-year data observation, we have collected 165 sample data. The multiple linear regression analysis shows that return on assets and company growth bring positive effects on company value. This implies that the level of profitability through return on assets and company growth realizes shareholder prosperity and improves company performance.
2021 ◽
Vol 4
(2)
◽
pp. 645-655
2021 ◽
Vol 2
(2)
◽
pp. 153-172
2018 ◽
Vol 4
(2)
◽
pp. 1-9