Journal of Innovative and Creativity
Vol. 6 No. 1 (2026)

Determinan Nilai Perusahaan di Pasar Modal Indonesia: Systematic Literature Review

Sisi Maghfirah Rahmah Sembiring (Universitas Senior Medan)
Ningrum Trija Kesuma (Universitas Senior Medan)
Nurul Mizna Sukma (Universitas Senior Medan)



Article Info

Publish Date
31 Jan 2026

Abstract

This study aims to systematically examine the factors affecting firm value in the Indonesian capital market, focusing on profitability, liquidity, firm size, and ownership structure. The method used is a Systematic Literature Review (SLR) based on PRISMA, analyzing articles published in reputable international journals indexed in Scopus and nationally accredited journals (at least Sinta 4) since 2022. The review process involves formulating research questions, literature search, article selection, and thematic synthesis. The findings indicate that profitability positively affects firm value, while liquidity has a contextual impact. Firm size can enhance market confidence but may also lead to inefficiencies, and ownership structure influences firm value through control mechanisms and corporate governance. These findings emphasize the need for a comprehensive approach to managing the factors affecting firm value in the Indonesian capital market.

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Journal Info

Abbrev

joecy

Publisher

Subject

Education Languange, Linguistic, Communication & Media Mathematics Social Sciences Other

Description

Journal of Innovative and Creatifity (JOECY) publishes research articles in the field of education which report empirical research on topics that are significant across educational contexts, in terms of design and findings. The topic could be in curriculum, teaching learning, evaluation, quality ...