Article Per Year (5 Year)
p-Index From 2021 - 2026
2.59
P-Index
This Author published in this journals
All Journal Jurnal Manajemen Bisnis Jurnal Teknologi dan Manajemen Informatika Jurnal Keuangan dan Perbankan Jurnal Pekommas Jurnal Manajemen dan Kewirausahaan (JMDK) Briliant: Jurnal Riset dan Konseptual Journal of Development Research Jurnal Riset Inspirasi Manajemen dan Kewirausahaan JSHP (Jurnal Sosial Humaniora dan Pendidikan) Jurnal Akuntansi dan Bisnis Jurnal Aplikasi Akuntansi The Indonesian Journal of Accounting Research REKA ELKOMIKA: Jurnal Pengabdian kepada Masyarakat Journal of Regional Economics Indonesia Jurnal Ilmiah Fokus Ekonomi, Manajemen, Bisnis & Akuntansi (EMBA) JRAP (Jurnal Riset Akuntansi dan Perpajakan) Prosiding Seminar Nasional Pengabdian Masyarakat
Edi Subiyantoro
Universitas Merdeka Malang
Arts Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Medicine & Pharmacology Social Sciences

Published : 21 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 21 Documents
Search

 1   2   3 
Determinants of Company Value: Empirical Evidence from Consumer Goods Industrial Companies in Indonesia Purnama, Maria Goreti; Yuniarti, Sari; Terdpaopong, Kanitsorn; Subiyantoro, Edi; Khouroh, Umu
Jurnal Manajemen Bisnis Vol. 15 No. 1: March 2024
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/mb.v15i1.20114

Abstract

Research Aims: Investors focus on a company's value before investing, which can benefit shareholders. This study, thus, investigates how factors like liquidity, debt, profits, growth, and investment opportunities affect a company's value, with dividend policy playing a role.Design/Methodology/Approach: This study examined companies in the consumer goods industry listed on the IDX from 2018 to 2021. The authors collected data from 71 selected companies using purposive sampling. The analysis method employed was Moderating Regression Analysis (MRA).Research Findings: The findings demonstrated that Debt to Asset Ratio (DAR), Return on Assets (ROA), and Investment Opportunity Set (IOS) strongly affected Price to Book Value (PBV) positively. However, Current Ratio (CR) and Growth did not significantly affect PBV. Additionally, the Dividend Payout Ratio (DPR) did not influence the relationship between CR, DAR, and Growth with PBV. Also, it did moderate the relationship between ROA and IOS with PBV.Theoretical Contribution/Originality: The research findings contribute to our understanding of the factors that impact the market value of companies in the consumer goods industry listed on the IDX.Practitioners/Policy Implications: It is crucial to examine specific variables that have a significant impact on PBV, while other variables may not play a vital role. This can help practitioners, academics, and investors make more informed decisions based on in-depth analysis of company performance and value.Research Limitations/Implications: The limitations include limited panel data, a single industry focus, the absence of supportive data on individual company investment variations, and no consideration of industry risk, market policies, or investor preferences.
Co-Authors Ade Buwono Suharto Agus Haryono Ambar Woro Hastuti Arisyahidin, Arisyahidin Dewi Izzatus Tsamroh Diana Zuhroh Diyah Sukanti Cahyaningsih Fahrianta, Riswan Yudhi Fandi Yulian Pamuji Fransisca Andreani Grahita Chandrarin Grahita Chandrarin Gustiana, Kharisma Yogi Izzatus, Dewi Mardiana Andarwati Maukonda, Rana Maxion Sumtaky Mitrawati, Erni Muslikh, Ahmad Rofiqul Mutadafiq, Fiqih Syahdani Noor Seto Ananta Norman Duma Sitinjak Parawiyati Parawiyati Prihat Assih Purnama, Maria Goreti Retna Safriliana Ridwan Jazai Rizki, Aditya Rofiqul Muslikh, Ahmad Santi, Fitriana Sari Yuniarti Sukmawati SUKMAWATI Swalaganata, Galandaru Terdpaopong, Kanitsorn Tutut Subadyo Umu Khouroh Wea, Efrida Wunu, Maria Elfrida Yulian Pamuji, Fandi