Journal of Management
Vol. 3 No. 1 (2024): January - June

What is Role of Size on Company Value

Soukotta, Agnes (Unknown)
Wihelmina Silooy, Revi (Unknown)
Yuniarti Layn, Yuyun (Unknown)



Article Info

Publish Date
17 Jun 2024

Abstract

The purpose of this study is to look at how liquidity, solvency, company size, and the fraction of independent board of commissioners affect corporate value. The population used includes pharmaceutical subsector companies listed on the Indonesia Stock Exchange between 2020 and 2023, with a total research sample of 48 companies collected using purposive sampling approaches (with particular criteria). The study hypothesis was tested using a multiple linear regression model with a t-test α of 4%. The following approaches were used: descriptive analysis, normality test, autocorrelation test, heteroscedasticity test, and multicollinearity test. The findings of this study indicate that liquidity has a positive effect on company value, solvency has a good effect on company value, firm size has no effect on company value, and an independent board of directors has a positive influence on company value. It is intended that the implications of the results of this research can help potential investors decide whether to invest in a company.

Copyrights © 2024






Journal Info

Abbrev

JOM

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Management (JOM) is committed to publishing scholarly empirical and theoretical research articles, that have a high impact on the management field as a whole. The Journal published by Yayasan Pendidikan Belajar Berdikari. The journal encourages new ideas or new perspectives on existing ...