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Retno Kurnianingsih
Universitas Cokroaminoto Yogyakarta, Yogyakarta, Indonesia

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The Influence of Capital Structure, Company Size, and Financial Performance on the Company's Value (An Empirical Study on Companies in Various Industrial Sub-Sectors Listed on the Indonesia Stock Exchange (IDX) in 2021–2023) Nur Atikah; Retno Kurnianingsih
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 8 No 3 (2025): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

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Abstract

The purpose of this study is to analyze the influence of capital structure, company size, and financial performance on the company's value. The research uses a quantitative approach. The data used is secondary data obtained through the IDX's official website, namely www.idx.co.id, in the form of company financial statements in various industry subsectors during 2021–2023. Of the 67 companies that became the population, as many as 25 companies were selected as samples using the purposive sampling method based on certain criteria. The results of the analysis show that the company's capital structure and size have a positive and significant impact on the company's value, while financial performance has a negative and significant impact on the company's value.
The Influence of Corporate Governance, Financial Performance, and Financial Statement Quality on Company Value in the Manufacturing Sector in Indonesia (Empirical Study on Food and Beverage Companies Listed on the IDX for the Period 2022–2024) Alfonsiana Desi Ratna; Retno Kurnianingsih
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.8161

Abstract

A study on the influence of corporate governance, financial performance, and the quality of financial statements on the value of the company. This research is included in the category of quantitative research. The population that is the object of the study is manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2022-2024 period. The sampling method used is purposive sampling, which is sampling with specific considerations. The variables studied include governance, financial performance, and quality of financial statements as variable X and company value as variable Y. The analysis tool used in this study is SPSS. The findings of this study show that corporate governance, financial performance, and the quality of financial statements have a partial and simultaneous positive and significant influence on the value of the company, in food and beverage sub-sector companies listed on the Indonesia Stock Exchange during the 2022-2024 period.
The Effect of Capital Structure on Profitability in Health Sector Companies Listed on the Indonesia Stock Exchange (IDX) for the 2022–2024 Period Darul Hikam Idrissyah; Retno Kurnianingsih
Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) Vol 9 No 1 (2026): Sharia Economics
Publisher : Universitas KH. Abdul Chalim Mojokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31538/iijse.v9i1.8191

Abstract

This study intends to examine the influence of capital structure on Profitability in health sector companies listed on the Indonesia Stock Exchange (IDX) during 2022–2024. The capital structure used in this study was proxied with DAR and DER, while Profitability was measured by ROA. This study uses a quantitative approach with multiple linear regression analysis methods. The study sample consisted of 18 companies through purposive sampling techniques from a total population of 35 companies. The results of the analysis showed that the DAR variable had a negative and significant influence on Return on assets (ROA), while the DER did not show a significant influence. Simultaneously, these two independent variables have been shown to have a significant effect on ROA. These findings confirm the importance of managing capital structures, especially the use of debt in influencing the company's Profitability performance in the health sector.