JMK Jurnal Manajemen dan Kewirausahaan
Vol 8 No 2 (2023): May

What Factors Influence a Firm Value? Optimistic Financial Performance

Harnovinsah Harnovinsah (Universitas Pancasila)
Ana Sopanah (Universitas Widya Gama)
Yayan Hadijah (Universitas Mercu Buana)
Hanif Rani Iswari (Universitas Widya Gama)
Iva Khoiril Mala (Program Doktor Ilmu Manajemen Universitas Negeri Malang)
lina saptaria (Universitas Islam Kadiri)



Article Info

Publish Date
31 May 2023

Abstract

Company value is formed in various performance factors. In this study the capital structure, profitability, size and type of company are investigated in its role in building company value. The company that is the object of research is a food and beverage consumer goods company listed on the Indonesia Stock Exchange in 2015-2019. This research is a quantitative research. The research sample was 13 subsectors of food and beverage consumption goods listed on the Indonesia Stock Exchange. Regent analysis is used in gathering panel data in this study. There are several diverse research results, namely partially capital structure (DER), profitability (ROA) has a positive significant effect on company value (PBV). While the company's size has a negative effect on the company value (PBV) and company growth has no effect on the company's value (PBV). The implications of this study provide contributing to further research and are able to provide knowledge to company decision making related to efforts to increase company value.Keywords: firm size, price to book value, debt-equity ratio, return on assets, company growth,

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Journal Info

Abbrev

ManajemenKewirausahaan

Publisher

Subject

Economics, Econometrics & Finance

Description

Aims JMK (Jurnal Manajemen & Kewirausahaan) covers in details a large variety of topics in management. The aim of the journal is disseminate knowledge derived from the results of empirical research on organizations, people, systems, and events in the field of management and entrepreneurship. The ...