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Journal : Dinasti International Journal of Economics, Finance

Determination of Firm Value with Investment Decisions as an Intervening Variable (Case Study at UMA) Satria, Edo; Nawir, Jubaedah; Mulyantini, Sri
Dinasti International Journal of Economics, Finance & Accounting Vol. 6 No. 1 (2025): Dinasti International Journal of Economics, Finance & Accounting (March-April 2
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v6i1.4071

Abstract

This study aims to examine the influence of company size, profitability, and financial risk on firm value, with investment decisions serving as an intervening variable. The population for this research comprises 105 multi-sector companies listed on the Indonesia Stock Exchange. The study employs a full sampling method, covering the year 2022 with a total of 105 observations. Data were analyzed using cross-sectional regression processed through E-Views version 13. The results reveal the following: (1) Company size negatively affects firm value; (2) Profitability negatively affects firm value; (3) Financial risk positively affects firm value; (4) Investment decisions positively affect firm value; (5) Company size does not indirectly affect firm value through investment decisions; (6) Profitability does not indirectly affect firm value through investment decisions; (7) Financial risk does not indirectly affect firm value through investment decisions.
Co-Authors Aditya Saputra Agung Yulianto Agus Maulana Aminul Fajri Ananda Alvi Al Fadhli Anggara, Abdul Aji Kresna Tri Anggraini, Lily Aniek Irawati Anita Muliawati Anwar Nassihin Ardhiani Fadhila Ardhiani Fadila Arian Maulida Aribawa, Rangga Ariqinanty, Nadila Zahra Arrazy, Vahran Arum, Dinda Sekar Asqo Balqis, Haura Bayu Bayu Handono Bentar Kusdimanto Bogo Samudro, Galih Buntaro, Maria Faustina Catur Nugrahaeni Puspita Dewi Darma, Kurnia Della Chintiya Dewi Dewi Indriasih Dewi, Ratna Arista Dien Noviany Rahmatika Elsa Nur Alivia Erna Hernawati Fadhila, Ardhiani Fadila, Ardhiani Fadilla, Ardhiani Farida Amalia, Farida Farizya, Abidara Wahyu Ferdy Audrian Wibisono Firda Melani Setiawan Franciskus Jumintang Gilang Ahmad Fauzan Hairunnisa, Yufi Indah Hananto, Bayu Haura Asqo Balqis Hendrayani, Yani Inan Safanah Astin Inke Larank Assya’if Irawatie, Aniek Iwan Kresna Setiadi Jihan Zata Amani JUBAEDAH JUBAEDAH, JUBAEDAH Jubaedah Nawir Kraugusteeliana Kraugusteeliana Laili, Sasmita Nurvinda Lestari, Dea Delia Lidya Primta Surbakti Luthfi Kurniawan Maghfirah Nur Fadilah Maheswari Cahyarani Widyadana Marganda Saut Parulian Sihombing Marlina Marlina Marlina Matondang, Nurhafifah Nadia Sri Wahyuni Nanang Supriyatna Nathasya Indriwan Nayla Tinneke Kusmawardhani Ni Putu Eka Widiastuti Nita Rosadiya Nugraha, Muhammad Resky Nur Alivia, Elsa Nur Khoirunnisa Nuril Astuti Nuryanti Nuryanti Oktasyadita, Nasywa Pasaribu, Estrada Joseph Hasoloan Purwanto Widodo Putri, Haurelia Syahnifa Rahardika, Himawan Razyka Imayda Retno Julia Rahayu Rida Anisa Permata Rimbawan, Teguh Rizkilianti Hardian Anggianni Rizky Safitri Rusdiana, Aura Ratu Sabrina Fitria Rahmadani Salim, Abdurrahim Sarika Sarika Satria Yudha Widjaya Satria, Edo Senja Nuansari Siti Hidayati Sufyati HS Sumilir, Sumilir Supriyanto Supriyanto Supriyanto Supriyanto Suwandi Suwandi Sylviana Susanty Tati Handayani, Tati Tri Siswantini Uljanatunnisa Uljanatunnisa Uljanatunnisa Wahana, Arwansa Waluya, Muhammad Bintang Wibawaningsih, Ekawati Jati Yani Hendrayani Yeni Ekowati YUDI NUR SUPRIADI