Journal of Governance, Taxation, and Auditing
Vol. 4 No. 2 (2025): Journal of Governance, Taxation and Auditing (October - December 2025) -

The Influence of Financial Performance, Profit Growth and Company Size on Company Value

YONANDA, Laura Arvioreta (Unknown)
NUGROHO, Hendarto Setiabudi (Unknown)



Article Info

Publish Date
23 Dec 2025

Abstract

The telecommunications industry in Indonesia faces intense competition, rapid technological advancements, and dynamic changes in consumer needs. Companies in this sector are required to maintain financial performance, optimize profit growth, and manage firm size efficiently to sustain and enhance their firm value. Key challenges include market pressure, demands for innovation, proper asset management, and revenue fluctuations that may influence investor perception. This study aims to analyze the effect of financial performance, profit growth, and firm size on firm value in the telecommunications sector listed on the Indonesia Stock Exchange (IDX)for the 2021-2024 period. The research applies a quantitative approach using secondary data from the annual financial statements of PT Telekomunikasi Indonesia Tbk, PT Indosat Tbk, PT XL Axiata Tbk, and PT Bakrie Telecom Tbk. Data were analyzed using multiple regression tests, t-tests, f-tests, and classical assumption tests with the help of SPSS software. The results indicate that the three variables have no partial effect on firm value; however, they simultaneously have a significant effect, contributing 88,1% to firm value variation.

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Journal Info

Abbrev

JoGTA

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Governance, Taxation and Auditing (JoGTA) is a journal developed by PT Keberlanjutan Strategies Indonesia (Sustainability Strategies Indonesia). The International Journal of Environmental, Sustainability and Social Science aims to related to current research on the scope of the journal ...