Jurnal Ekonomi, Manajemen, Akuntansi
Vol. 3 No. 5: Juli 2024

The Determination of Company Value: Empirical Study on Manufacturing Companies in Basic and Chemical Industry Sector

Febrina Azzifa Salsabilla (Universitas Muhammadiyah Surakarta)
Nursiam Nursiam (Universitas Muhammadiyah Surakarta)



Article Info

Publish Date
06 Jul 2024

Abstract

This research seeks to evaluate the influence of leverage, profitability, and company size on the valuation of firms in the basic and chemical industries that are listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022. This research employs a quantitative approach using secondary data obtained from financial statements published on the IDX, along with information from books, journal articles, and official websites. The population studied comprises all manufacturing companies in the basic and chemical industry sectors listed on the IDX within the specified period. Purposive sampling was applied, yielding a sample of 99 companies. Data analysis techniques used include descriptive statistics and multiple linear regression. The findings of the study suggest that while leverage and profitability do not significantly influence company value, company size does. Furthermore, company value is significantly impacted by the combined effects of leverage, profitability, and company size.

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Journal Info

Abbrev

EKOMA

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi merupakan jurnal yang diterbitkan oleh CV ULIL ALBAB CORP. EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi menerbitkan artikel hasil penelitian dan kajian literatur dari bidang ekonomi, manajemen, akuntansi baik dari perspektif konvensional dan/atau Islam ...