The Effect of FCF and Firm Size to Firm Value and IOS as Mediation Variable

DOI

10.2991/aebmr.k.200415.036How to use a DOI?

Keywords

firm value, investment opportunity set, firm size

Abstract

This study aims to examine and analyze (1) the indirect effect of iFree Cash Flow on firm value through the investment Opportunity Set mediation. (2) the indirect effect of Company Size on firm value through the mediation of Investment Opportunity Set. This research was conducted on manufacturing companies listed on the Indonesia Stock Exchange (IDX) with a data period of 2014 to 2017. Data collection was carried out using purposive sampling techniques and population based on population criteria. Research sample companies and the number of research samples are 72 companies. Data analysis methods are Path Analysis and Sobel Test which are used to test the investment opportunity set mediation variables. The results showed that the investment opportunity set can mediate the effect of free cash flow and dividend policy on firm value.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yusna Yusna
AU  - Sugeng Sulistiono
PY  - 2020
DA  - 2020/04/17
TI  - The Effect of FCF and Firm Size to Firm Value and IOS as Mediation Variable
BT  - Proceedings of the 1st Annual Management, Business and Economic Conference (AMBEC 2019)
PB  - Atlantis Press
SP  - 178
EP  - 183
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200415.036
DO  - 10.2991/aebmr.k.200415.036
ID  - Yusna2020
ER  -