OBOR: Oikonomia Borneo
Vol. 8 No. 1 (2026): April

FAKTOR-FAKTOR PENENTU NILAI PERUSAHAAN: ANALISIS PERAN LEVERAGE, PROFITABILITAS, DAN PERTUMBUHAN PERUSAHAAN

Agus Riyanto (Universitas Widya Gama Mahakam Samarinda)
Erni Setiawati (Universitas Widya Gama Mahakam Samarinda)
Siti Rohmah (Universitas Widya Gama Mahakam Samarinda)
Pilipus Pilipus (Universitas Widya Gama Mahakam Samarinda)
Karina Kalpiani (Universitas Widya Gama Mahakam Samarinda)



Article Info

Publish Date
29 Apr 2026

Abstract

This study aims to analyze and test the real influence of several independent factors, namely Leverage (X1), Profitability (X2), and Company Growth (X3), on Company Value (Y). This study was conducted on manufacturing companies in the basic and chemical industry sectors listed on the Indonesia Stock Exchange (IDX) for three years, namely the period 2021 to 2023. To measure Company Value, the Price to Book Value (PBV) ratio was used, Leverage was measured by the Debt to Equity Ratio (DER), and Profitability was measured by Return on Equity (ROE). This study is causal and uses a quantitative approach. To select the sample, a purposive sampling technique was used, resulting in 18 companies as samples with a total of 54 observation data over three years. The analytical methods used were Multiple Linear Regression and Classical Assumption Test. Theoretically, this study is supported by three theories, namely Agency Theory, Pecking Order Theory, and Trade-Off Theory

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Journal Info

Abbrev

oikonomia

Publisher

Subject

Economics, Econometrics & Finance

Description

This journal (EISSN. 2685-3000) contains scientific manuscripts published by the Faculty of Economics, Universitas Widya Gama Mahakam Samarinda with a frequency of publication twice a year (April & ...