Jurnal Ekonomi Syariah Teori dan Terapan
Vol. 6 No. 10 (2019): Oktober-2019

FAKTOR-FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN PADA PERUSAHAAN PERDAGANGAN, JASA DAN INVESTASI YANG TERDAFTAR DI ISSI

Nadia Laksmita Sari (Departemen Ekonomi Syariah-Fakultas Ekonomi dan Bisnis-Universitas Airlangga)
Puji Sucia Sukmaningrum (Departemen Ekonomi Syariah-Fakultas Ekonomi dan Bisnis-Universitas Airlangga)



Article Info

Publish Date
18 Jan 2020

Abstract

This research aims to find out the factors that influence company value (Tobin’s Q) trade, services and investment registered at ISSI during 2013-2017. This study uses a quantitative approach with panel data regression analysis techniques. The results of this study shows that managerial ownership, Return On Equity, Current Ratio, Debt To Asset Ratio, Total Assets Turnover Ratio simultaneously have a significant effect on firm value (Tobin’s Q). Partially managerial ownership variable has a significant negative effect, the Return On Equity variable has a positive significant effect, the Current Ratio and Debt To Asset Ratio variables have a positive insignificant effect and the Total Assets Turnover Ratio has a negative but not significant effect on firm value (Tobin’s Q).Keywords: Managerial Ownership, Return On Equity, Current Ratio, Debt to Asset Ratio, Total Asset Turnover Ratio, Tobin’s Q

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Journal Info

Abbrev

JESTT

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Syariah Teori dan Terapan (JESTT) accepts original manuscripts in the field of Islamics Economics, including research reports, case reports, application of theory, critical studies and literature ...