Article Per Year (5 Year)
p-Index From 2021 - 2026
0.61
P-Index
This Author published in this journals
All Journal Jurnal Akuntansi dan Keuangan J-CEKI Brilliant International Journal of Management and Tourism
Bustanul Ulum
Unknown Affiliation
Humanities Economics, Econometrics & Finance Social Sciences

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : J-CEKI

 1 
Solvabilitas sebagai Cermin Nilai pada Perusahaan Properti dan Real Estate yang Terdaftar di BEI Fatimah, Siti; Anisaul Hasanah; Bustanul Ulum
J-CEKI : Jurnal Cendekia Ilmiah Vol. 4 No. 5: Agustus 2025
Publisher : CV. ULIL ALBAB CORP

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56799/jceki.v4i5.10490

Abstract

This study investigates the effect of solvability on firm value in the property and real estate sector listed on the Indonesia Stock Exchange for the period 2019–2023. The research is grounded in agency theory and signaling theory, emphasizing the importance of financial risk management in influencing market perception. Using a quantitative associative approach with purposive sampling of 50 companies, solvability is measured by Debt to Equity Ratio (DER) and firm value by Tobin’s Q. The results indicate that solvability has a negative and insignificant effect on firm value, suggesting that high leverage may reduce investor confidence. The study highlights the need for prudent debt management to maintain financial stability and firm valuation.
Co-Authors Adiba Fuad Syamlan ANISAUL HASANAH Dini Ayu Pramitasari Mochammad Syafii Mutiara Cahyani Siti Fatimah SULISTIANI SULISTIANI