E-Jurnal Akuntansi TSM
Vol 2 No 1 (2022): E-Jurnal Akuntansi TSM

PENGARUH FIRM SIZE, LIKUIDITAS, PROFITABILITAS, DAN FAKTOR LAINNYA TERHADAP NILAI PERUSAHAN

Chandra (Trisakti School of Management)
Aries Jonathan (Trisakti School of Management)



Article Info

Publish Date
31 Mar 2022

Abstract

The investor doing investment needs to see the value of the company owned by the company. This study aims to obtain empirical evidence and analyze the effect of firm size, liquidity, profitability, institutional ownership, dividend payout ratio, and debt to equity ratio as independent variables on firm value as dependent variable. This research uses 79 non-financial companies listed on the Indonesia Stock Exchange consistently from 2017 to 2020. Sample data were selected using purposive sampling method. This study uses multiple regression models to analyze this research data. Firm size uses natural logarithm measurements, institutional ownership uses ratio scale measurements and other variables use financial ratio measurements. The result shows that return on asset has an influence on firm value, which means that low profits with a lot of assets can make investors give negative signals that can reduce firm value. Return on equity has an influence on firm value, which means that companies that can use their equity to make profits will increase firm value. Debt to equity ratio has an influence on firm value, which means that companies that have a lot of debt will pay more interest so that it can reduce profits and firm value. Firm size, liquidity, institutional ownership, and dividend payout ratio do not have an influence on firm value

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Journal Info

Abbrev

EJATSM

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

E-Jurnal Akuntansi TSM is biannual publication issued in the month of March, June, September, and December. E-Jurnal Akuntansi TSM is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to accounting issues (financial accounting and capital ...