Formosa Journal of Sustainable Research (FJSR)
Vol. 3 No. 7 (2024): July 2024

The Influence of Return on Equity and Debt to Equity Ratio on Company Value at PT. Astra International Tbk Listed on the Indonesia Stock Exchange (IDX) in 2016-2023

Sipa Yeni (Unknown)



Article Info

Publish Date
30 Jul 2024

Abstract

This study aims to examine how the effect Return on Equity and Debt to Equity Ratio on firm value of PT. Astra Internationa Tbk listed on the indonesia stock exchange from 2016-2023 with the sample selectioan method using the purposive sampling method. The data used are the company’s annual financial statements that have been publised on IDX and the data analysis technique is multiple linear regression analysis using the SPSS 25. The results show that simultaneously Return on Equity and Debt to Equity Ratio have a significant effect on firm value, partially Return on Equity yield has a significant positive effect to firm value, partially Debt to Equity Ratio yield has a significant positive effect to firm value.  

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Journal Info

Abbrev

fjsr

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Education Industrial & Manufacturing Engineering Social Sciences

Description

Formosa Journal of Sustainable Research (FJSR) is an open access and peer-reviewed journal, published by Formosa Publisher. FJSR aims to be a dissemination platform for research result from multidisciplinary research that covers the wide spectrum of research field such as education, including ...