E-Jurnal Manajemen Trisakti School of Management (TSM)
Vol. 6 No. 2 (2026): E-Jurnal Manajemen Trisakti School of Management (TSM)

PENGARUH LEVERAGE, INTELLECTUAL CAPITAL, DAN FAKTOR LAINNYA TERHADAP FIRM VALUE

GISELLA NOVALDA TAWAN RENITA (Trisakti School of Management)
NILA PUSVIKASARI (Trisakti School of Management)
AGUSTINUS SRI WAHYUDI (Trisakti School of Management)



Article Info

Publish Date
02 Sep 2026

Abstract

This study examines the effect of leverage, liquidity, profitability, firm size, and intellectual capital on firm value, with the Price Earnings Ratio (PER) used as a proxy. The research focuses on property and real estate companies listed on the Indonesian Stock Exchange during the 2019–2024 period. Using purposive sampling, 96 observations from 16 companies were obtained and analyzed through panel data regression with the common effect model using EViews 12. The findings indicate that leverage, firm size, and intellectual capital have a significant influence on firm value, while liquidity and profitability do not. This study is limited to the property and real estate sector within the specified observation period.

Copyrights © 2026






Journal Info

Abbrev

EJMTSM

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

E-Jurnal Manajemen Trisakti School Management (TSM) is biannual publication issued in the month of March, June, September, and December. E-Jurnal Manajemen TSM is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to management issues ...