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Journal : AKADEMIK: Jurnal Mahasiswa Humanis

Pengaruh Intellectual Capital Disclosure, Firm Size, dan Financial Leverage terhadap Tingkat Underpricing Saham Isnaini, Fitria Rima; Oktavianna, Rakhmawati
AKADEMIK: Jurnal Mahasiswa Humanis Vol. 4 No. 3 (2024): AKADEMIK: Jurnal Mahasiswa Humanis
Publisher : Perhimpunan Sarjana Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/jmh.v4i3.1023

Abstract

This study aims to analyze the effect of intellectual capital disclosure, firm size, and financial leverage on stock underpricing in cyclical consumer and non-cyclical consumer sector companies listed on the Indonesia Stock Exchange for the 2018-2023 period. The sample was collected using the purposive sampling method with several predetermined criteria, resulting in a research sample of 94 companies with a total of 122 data observations. This research obtained using the SPSS version 29 program shows that simultaneously the intellectual capital disclosure, firm size, and financial leverage variables have a significant effect on stock underpricing. Partially, intellectual capital disclosure and firm size affect the level of stock underpricing, while financial leverage do not affect the level of stock underpricing.
Pengaruh Struktur Modal, Pertumbuhan Perusahaan dan Keputusan Investasi terhadap Nilai Perusahaan Dilena, Rohati; Oktavianna, Rakhmawati
AKADEMIK: Jurnal Mahasiswa Humanis Vol. 4 No. 3 (2024): AKADEMIK: Jurnal Mahasiswa Humanis
Publisher : Perhimpunan Sarjana Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/jmh.v4i3.1026

Abstract

This study aims to examine the effect of capital structure, firm growth, and investment decisions on firm value. This study uses the dependent variable of firm value and the independent variables of capital structure, company growth, and investment decisions. The population in this study are non-cyclicals consumer sector companies listed on the Indonesia Stock Exchange period 2018-2022. The total population or companies in the non-cyclicals consumer sector is 113 companies. From this population, purposive sampling technique is used with several criteria to determine a sample of 16 companies. The data analysis technique in this study uses Eviews 12 which includes descriptive statistical tests, panel data model analysis, classical assumption tests and hypothesis testing. Based on the test results above, it proves that capital structure, company growth, and investment decisions simultaneously affect firm value. Partially, capital structure has no effect on firm value, company growth affects firm value, and investment decisions affect firm value.