International Journal of Economics Development Research (IJEDR)
Vol. 4 No. 6 (2023): International Journal of Economics Development Research (IJEDR)

The Effect of Sustainability Performance, Institutional Ownership, Profitability and Capital Structure on Company Value

Nuzulul Nasoihul Ibad (Universitas Islam Negeri Maulana Malik Ibrahim Malang)
Ulfi Kartika Oktaviana (Universitas Islam Negeri Maulana Malik Ibrahim Malang)



Article Info

Publish Date
28 Dec 2023

Abstract

Jakarta Islamic Index (JII) is a sharia stock index that has a fairly high level of market capitalization in the Indonesian capital market. However, over the last five years, the JII market capitalization index has continued to fluctuate, due to changes in share prices of companies that are members of it. Therefore, it is necessary to study indicators that can influence the share price of JII companies. This research purpose to see the influence of sustainability performance, institutional ownership, profitability and capital structure on JII company value in 2018-2022. The method used in this research is quantitative causality and the data used is in the form of sustainability report and company annual reports or secondary data . This research randomly selected samples using certain criteria, so that 7 companies were selected as samples. this research produces : (1) sustainability performance, institutional ownership and profitability have no impact on company value (2) capital structure has a significant impact on company value.

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Journal Info

Abbrev

ijedr

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

IJEDR focuses on economics, innovation, and investment. Dedicated to enhancing economics development a country, regional and the world in general. IJEDR invites papers on Economics field (Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation impact, Corporate finance, ...