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FAKTOR-FAKTOR YANG MEMENGARUHI NILAI PERUSAHAAN DENGAN KEPEMILIKAN MANAJERIAL SEBAGAI VARIABEL MODERASI Angelica Gisella; Sofia Prima Dewi
Jurnal Paradigma Akuntansi Vol. 8 No. 2 (2026): April 2026
Publisher : Fakultas Ekonomi, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/6e7gxd83

Abstract

The purpose of this study is to obtain empirical evidence regarding the factors that influence firm value which includes return on asset, cash holding, and managerial ownership as moderating variable. The research was conducted towards 36 manufacturing companies in consumer goods variable, miscellaneous industry sector, and basic and chemical industry sector in 2019-2021. This study was conducted with a sample of 106 data with purposive sampling technique with multiple regression analysis. Data processing in this studymuses the Eviews 12 program. The result of this study shows that return on asset has positive effect on firm value, cash holding has negative effect on firm value, and managerial ownership has no negative effect on firm value. In addiction, managerial ownership cannot moderate the effect of return on asset on firm value. The implication of this study is expected to provide benefits for the development of knowledge such as contributions that can be useful in economics and business studies, especially accounting which are generally related to company value.
FAKTOR-FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN Michelle Rich; Sofia Prima Dewi
Jurnal Paradigma Akuntansi Vol. 8 No. 2 (2026): April 2026
Publisher : Fakultas Ekonomi, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/c7prcy79

Abstract

This study aims to examine whether liquidity, firm size, capital structure, profitability and social responsibility affect firm value. The population is non-primary consumer sector manufacturing companies that have been consistently listed on the Indonesia Stock Exchange for 3 years, namely the 2019-2021 period. The sampling technique used was purposive sampling. The sampels obtained were 21 companies. Data is processed using Eviews 12 SV. This study shows that liquidity and social responsibility do not have a negative effect on firm value, firm size has a negative effect on firm value, capital structure and profitability have a positive effect on firm value.