Factors Affecting the Value of Non-Financial Companies in Indonesia Stock Exchange

DOI

10.2991/aebmr.k.210507.029How to use a DOI?

Keywords

Firm value, profitability, capital structure, liquidity, size, activity, managerial ownership, institutional ownership, profit growth

Abstract

The purpose of this research was to analyze the factors that influence firm value. The independent variables are liquidity, profitability, size, activity, managerial ownership, institutional ownership, company growth and capital structure. The samples used in this research came from all non-financial companies listed in Indonesia Stock Exchange (IDX) consistently from 2016 to 2018. The sample selection method used was the purposive-sampling, in which there were 98 companies that fulfilled the criteria, which resulted in 294 data taken as the samples. Data was analyzed using multiple regression method. The result of this research shows that profitability and capital structure have a significant effect on firm value. Meanwhile, liquidity, size, activity, managerial ownership, institutional ownership, and profit growth have no effect on firm value.

Copyright

© 2021, 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  - Vita Vanessa Angelina Sungkar
AU  - Debora Debora
PY  - 2021
DA  - 2021/05/09
TI  - Factors Affecting the Value of Non-Financial Companies in Indonesia Stock Exchange
BT  - Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)
PB  - Atlantis Press
SP  - 191
EP  - 195
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210507.029
DO  - 10.2991/aebmr.k.210507.029
ID  - Sungkar2021
ER  -