Claim Missing Document
Check
Articles

Found 2 Documents
Search

Share Value Of Halal Food Product Company And Its Independent Factors Kaban, Reny Fitriana; Evi, Tiolina; Hadi, Ibrahim
Summa : Journal of Accounting and Tax Vol. 2 No. 2 (2024): April 2024
Publisher : Indonesian Scientific Publication

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61978/summa.v2i2.230

Abstract

Introduction/Main Objectives: This article aims to analyze the value of halal food product companies whose shares are listed on the Jakarta Islamic Index 70 during the period 2020 to 2022 and independent factors that influence it. It is necessary to carry out an analysis of the factors that influence the share value of sharia food product companies to provide investors with an overview of the performance of halal food product company shares to obtain an increase in investment value in this type of share which ultimately helps the development of the halal food industry in Indonesia and can be a reference for the development of the halal food industry in other ASEAN countries and the world. Research Methods: Research data was obtained from the Indonesia Stock Exchange website in the form of financial reports and the research method used was quantitative, starting with descriptive tests and then continuing with multiple linear regression tests. Finding/Results: From the research results, it was found that the average value of halal food product companies whose shares are registered on JII 70 is still overvalued, and tends to decline, while the average profitability value is good, but this is not the case with the leverage value which is in the warning category. Profitability and leverage factors are proven to influence company value. Conclusion: It is recommended that players in the halal food product industry hope to improve their financial performance and be more anticipatory of all existing risks such as pandemics or other crises, to increase the sustainability of investor confidence.
Analysis of the Influence of Profitability, Leverage and ESG Disclosure on the Value of Sharia Stock Companies Registered on the ESGL Index Hadi, Ibrahim; Kaban, Reny Fitriana
Indikator: Jurnal Ilmiah Manajemen dan Bisnis Vol 8, No 3 (2024)
Publisher : Universitas Mercu Buana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22441/indikator.v8i3.28122

Abstract

This research aims to analyze the significance of the influence of profitability, leverage, and ESG Disclosure on company value. Return On Assets is an indicator of profitability, Debt to Equity Ratio is an indicator of leverage, ESG Score by Sustainilytics is an indicator of ESG Disclosure and Price to Book Value is an indicator of company value. The method used in the research is descriptive and quantitative. This research sample used a purposive sampling technique with 17 Sharia stock companies listed on the ESG index. The data analysis used in this research is panel data regression. The statistical test results show that profitability has a significant influence on company value. The leverage variable shows a significant effect on company value. Meanwhile, the ESG Disclosure variable has no influence on company value. This is related to company value. Companies listed on the ESGL index are expected to be consistent in improving their performance in order to increase profitability and leverage and remain consistent in implementing the concept of governance and social sustainability towards company value. The higher the profitability and leverage, the higher the company value. The higher the ESG score the company has, the better the company implements the concept of sustainability.