Journal of Management and Business Review
Vol 20, No 1 (2023)

Determinan Nilai Perusahaan pada Perusahaan Konsumen Primer

Rida Anisa Permata (Universitas Pembangunan Nasional Veteran Jakarta)
Ediwarman Ediwarman (Fakultas Ekonomi dan Bisnis, Universitas Pembangunan Nasional Veteran Jakarta)



Article Info

Publish Date
24 Jan 2023

Abstract

This study aims to determine whether there is an influence between financial performance (ROA) and firm size with the natural logarithm (LN) of total assets and capital structure (DER) on firm value (PBV) in primary consumer goods companies. The population of 92 companies listed on the IDX in the primary consumer goods industry sector is 2016-2020. Furthermore, in this study, there were 58 companies as a sample using the purposive sampling method. This type of research is classified into quantitative research and the application of a significance level of 5%. From the results of hypothesis testing and analysis using the Panel Data Regression Analysis technique, it was found that financial performance with return on assets stated a positive and significant effect on firm value, firm size with LN (total assets) had a negative and significant effect on firm value and capital structure. Furthermore, with debt to equity ratio has a positive and significant effect on firm value.

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Journal Info

Abbrev

jmbr

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Journal of Management and Business Review (JMBR) is a source of scientific information for academia, research institution, government agencies, and industries. We publish research paper on management and business strategy as well as related ...