Determinants of Profitability and Firm Value: Evidence from Indonesian Banks
| Autor: | Mahfud Nurnajamuddin, Sutardjo Tui, Andi Nirwana, Mukhlis Sufri |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
010405 organic chemistry
05 social sciences Enterprise value Financial system Capital call 01 natural sciences 0104 chemical sciences Market liquidity Intellectual capital Internal financing Market value added Stock exchange 0502 economics and business Profitability index Business 050203 business & management |
| Zdroj: | IRA-International Journal of Management & Social Sciences (ISSN 2455-2267). 7:84 |
| ISSN: | 2455-2267 |
| Popis: | This study aims to analyze the effect of intellectual capital, firm size and bank liquidity on profitability and firm value. The experiment was conducted in the banking industry listed in Indonesia stock exchange from 2013 to 2015 as many as 40 banks. Data were analyzed using of Analysis of Moment Structures Ver.22. The results showed (1) intellectual capital has a positive and significant effect on the firm profitability and firm value; (2) firm size have a positive and insignificant effect on the firm profitability and firm value; (3) liquidity has a positive and significant effect on firm profitability, but liquidity have a negative not significant effect on the firm value; and (4) the firm profitability has a positive and significant effect on firm value. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|