Suryadi Marthadinata
Program Studi Manajemen Fakultas Ekonomi Dan Bisnis Universitas Pamulang Tangerang Selatan

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

The Influence of Growth Opportunity and Profitability on Company Value at PT Industri Jamu dan Farmasi Sido Muncul Tbk for the Period 2016-2025 Bella Saputri; Suryadi Marthadinata
Escalate : Economics and Business Journal Vol. 4 No. 02 (2026): Escalate: Economics and Business Journal
Publisher : Takaza Innovatix Labs Ltd.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61536/escalate.v4i02.747

Abstract

Abstract: The pharmaceutical and herbal industry in Indonesia has continued to develop, creating opportunities and increasing competition among firms. This study aims to examine the effects of Growth Opportunity and profitability on firm value at PT Industri Jamu dan Farmasi Sido Muncul Tbk during 2016–2025. A quantitative associative research design was employed. The population comprised of the company's annual financial reports, with ten annual reports selected as the sample using purposive sampling. Secondary data were collected through documentation, literature review, and internet searching. Growth Opportunity was measured using Asset Growth, profitability using Return on Assets (ROA), and firm value using Price to Book Value (PBV). The data were analyzed using IBM SPSS Statistics 26 through descriptive statistics, classical assumption tests, multiple linear regression, coefficient of determination, F-test, and t-test. The results show that Growth Opportunity and profitability simultaneously affect firm value (F = 8.309; p = 0.014). Partially, Growth Opportunity significantly affects firm value (β = 0.213; p = 0.034), while profitability also has a significant effect (β = 0.291; p = 0.005). The study concludes that both factors are significant determinants of firm value.
The Influence of Company Growth and Debt Policy on Profitability at PT Wijaya Karya (PERSERO) 2015-2025 Refty Amelia Putri; Suryadi Marthadinata
Escalate : Economics and Business Journal Vol. 4 No. 4 (2026): Escalate : Economics and Business Journal
Publisher : Takaza Innovatix Labs Ltd.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61536/escalate.v4i4.817

Abstract

Construction companies face financial challenges that require effective asset and debt management to maintain profitability. This study aims to determine the effect of company growth and debt policy on profitability at PT Wijaya Karya (Persero) Tbk for the period 2015–2025, both partially and simultaneously. This study uses a quantitative approach with an associative research type. The research population is the company's annual financial reports, with a sample of 11 annual financial reports for the period 2015–2025 determined using a saturated sampling technique. Secondary data were collected through observation, documentation, and literature study. Data analysis techniques include descriptive statistics, classical assumption tests, simple and multiple linear regressions, correlation and determination coefficients, as well as t-tests and F-tests with the help of SPSS 27. The results of the study indicate that company growth has a positive and significant effect on profitability, while debt policy has a negative and significant effect. Simultaneously, company growth and debt policy have a significant effect on profitability with an R Square value of 0.850. In conclusion, effective asset growth management and prudent debt policies are needed to support company profitability.