E-Jurnal Akuntansi TSM
Vol 3 No 1 (2023): E-Jurnal Akuntansi TSM

KEPEMILIKAN INSTITUSIONAL, KEPUTUSAN INVESTASI DAN FAKTOR LAINNYA DALAM MEMENGARUHI NILAI PERUSAHAAN NONKEUANGAN

Ricky Leonardo Chandra (Trisakti School of Management)
Umar Issa Zubaidi (Trisakti School of Management)



Article Info

Publish Date
31 Mar 2023

Abstract

Abstract: Good firm value in the eyes of the public is certainly what every company wants. This study aims to examine and obtain empirical evidence regarding the influence of institutional ownership, profitability, liquidity, dividend policy, debt policy, firm size, and investment decisions on firm value. Investors look at the firm's value as an indicator to evaluate a company before investing their money. This study uses a purposive sampling method. There are 90 nonfinancial companies listed on Indonesia Stock Exchange and have met the research criteria from 2019 to 2021, so there are 270 sample data used in this study. The testing of independent variables on dependent variables uses a multiple regression model. The proxies used in this study are financial ratios to measure profitability, liquidity, dividend policy, debt policy, and investment decision. The natural logarithm is also used in this study to measure firm size variable. The results of this study indicate that profitability, debt policy, and investment decision have positive effects on firm value. Meanwhile, institutional ownership, liquidity, dividend policy, and firm size have no effect on firm value.

Copyrights © 2023






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 ...