Accounting Student Research Journal
Vol 2 No 1 (2023): ASRJ - Maret 2023

Influencing Firm Value: Profitability, Capital Structure, and Ownership in Indonesian Mining Companies

Annisa Zalfa Nur Alya Hardiansyah (Universitas Pembangunan Nasional Veteran Jakarta)
Andy Setiawan (Universitas Pembangunan Nasional Veteran Jakarta)



Article Info

Publish Date
31 Mar 2023

Abstract

This study examines the impact of profitability, capital structure, and managerial ownership on firm value, with firm size as a control variable. The study population consists of mining companies listed on the Indonesia Stock Exchange between 2018 and 2021, with 100 samples obtained through purposive sampling. The analysis technique employed panel regression analysis. The results indicate that profitability and capital structure have a significant positive effect on firm value, while managerial ownership has a negative significant effect on firm value. These findings have implications for mining companies in Indonesia to focus on improving profitability to enhance firm value.

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Journal Info

Abbrev

asrj

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Other

Description

Accounting Student Research Journal (ASRJ) is published by Department of Accounting, Faculty of Economic & Business, Universitas Pembangunan Nasional Veteran Jakarta. ASRJ is a blind reviewed journal published twice a year in March and September. The journal aims to promote the development and ...