Journal of Business, Accounting and Finance
Vol. 7 No. 1 (2025): Journal Of Bisiness, Accounting & Finance

The Effect of Return on Asset (ROA) and Return on Equity (ROE) on Company Value in Cigarette Companies Listed on the Indonesia Stock Exchange in 2021 – 2023

Nurpratiwi, Anggi Usmayantin (Unknown)
Ernawati , Ayu (Unknown)
Latifah, Maulani (Unknown)
Nurmala , Mila (Unknown)
Nisriina , Nisriina (Unknown)
Anggraeni, Silvi Surya (Unknown)

Article Info

Publish Date
26 Apr 2025

Abstract

The purpose of this study is to determine how ROA and ROE affect the value of the company. The subject of this quantitative research is a cigarette company listed on the Indonesia Stock Exchange from 2021 to 2023. Four observational data were collected after the purposive sampling method was used to select the study sample. Data from the Annual Report was used in this study. This data was tested by multiple linear regression. The results of the study showed that ROA and ROE partially did not affect the company's value.

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Journal Info
Journal of Business, Accounting and Finance
Website

Abbrev

job

Publisher

Universitas Sebelas April

Subject

Economics, Econometrics & Finance

Description

Journal of Bussines Accounting and Finance, is peer-reviewed scientific journal that can be used as a platform to publish research article in the area of Accounting & Finance, biannually in April and October. The aim of this journal is to promote increased new knowledge through scientific articles ...