Determinants of Company Value in the Indonesia Stock Exchange-Listed Consumer Good Industry, 2017-2020

DOI

10.2991/aebmr.k.211124.086How to use a DOI?

Keywords

Collateralizable assets; Firm value; Research and development; Sales growth

Abstract

One of the objectives of establishing a company is to be able to increase the value of the company. The study aims to determine the effect of collateralizable assets, research and development and sales growth on firm value. The population in this study was all consumer goods industry companies listed in Indonesia Stock Exchange (IDX) during 2017-2020 which amounted to 66 companies. The sampling technique in this study used a purposive sampling method, with a sample of 56 samples (14 companies with 4 years of observation). The data collection method used the documentation method. The data was processed using SPSS version 25.0. The result of the study found that collateralizable assets, research and development had a partially positive and significant effect on the firm value, while sales growth had no effect on the firm value.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Ni Wayan Ratna Sari
AU  - Nadia Salsabila
AU  - Ni Made Swandewi Saraswati
AU  - Kadek Cipta Dharmayani
AU  - Putu Panji Krisna Pradnyana
AU  - Ni Kadek Novi Widyantari Oka
PY  - 2021
DA  - 2021/11/25
TI  - Determinants of Company Value in the Indonesia Stock Exchange-Listed Consumer Good Industry, 2017-2020
BT  - Proceedings of the 6th International Conference on Tourism, Economics, Accounting, Management, and Social Science (TEAMS 2021)
PB  - Atlantis Press
SP  - 595
EP  - 601
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211124.086
DO  - 10.2991/aebmr.k.211124.086
ID  - Sari2021
ER  -