International Journal of Social Science
Vol. 1 No. 3: October 2021

FINANCIAL INSTRUMENTS ON COMPANY VALUE IN COMPANIES LISTED IN JAKARTA ISLAMIC INDEX (JII)

Solichah (Faculty of Economy and Management Mayjen Sungkono University, Mojokerto, Indonesia)
Dwi Dewianawati (Faculty of Economy and Management Mayjen Sungkono University, Mojokerto, Indonesia)
Erry Setiawan (Faculty of Economy and Management Mayjen Sungkono University, Mojokerto, Indonesia)
Agus Sunaryo (Faculty of Economy and Management Mayjen Sungkono University, Mojokerto, Indonesia)



Article Info

Publish Date
03 Oct 2021

Abstract

Based on the background and problem formulation, the objective is to test, analyze and prove that asset structure, capital structure, macroeconomic, financial risk management, and profitability performance affect the firm value of companies listed in JII. Researchers determine the type of quantitative research. Descriptive data analysis technique, is a technique used to analyze data by describing or describing the data that has been collected. The data used by researchers is secondary data, the data in this study were obtained from the IDX website (Indonesian Stock Exchange). So the population used in this study found 16 companies. Jakarta Islamic Index. The results of the study 1) there is no influence of asset structure on financial risk management, 2) there is an influence of asset structure on profitability performance, 3) there is an influence of asset structure on the value of the firm, 4) there is an influence of capital structure on financial risk management, 5) there is the effect of capital structure on profitability performance, 6) there is no effect of capital structure on the value of the firm, 7) there is a macroeconomic influence on financial risk management, 8) there is a macroeconomic effect on profitability performance, 9) there is a macroeconomic influence on the value of the firm, 10) there is the influence of financial risk management on the profitability performance, 11) there is the influence of financial risk management on the value of the firm, 12) there is the influence of profitability performance on the value of the firm.

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Journal Info

Abbrev

IJSS

Publisher

Subject

Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Education Environmental Science Health Professions Languange, Linguistic, Communication & Media Medicine & Pharmacology Public Health Social Sciences Other

Description

"IJSS” for International Journal of Sosial Science, published by Bajang Instiute. Published in two formats, printed version of ISSN:2798-3463 and the online version of ISSN:2798-4079, both of which are published six times in one year. The scope of the journal studies broadly includes: Culture (a ...