Determinan Nilai Perusahaan dengan Size sebagai Variabel Kontrol

Autor: Putu Novia Hapsari Ardianti, Ni Luh Putu Sariani, I Made Purba Astakoni, Ni Wayan Wijayanti, Ni Made Satya Utami
Rok vydání: 2021
Předmět:
Zdroj: Jurnal Ekobistek. :168-173
ISSN: 2301-5268
2527-9483
Popis: The aim of this study is to know and analyze the effect of investment decisions, leverage, profitabilitas and firm size on firm value. The population in this study is manufacturing companies of the sector of cosmetics and household use which are listed in Indonesia Stock Exchange (BEI) in the period 2013-2020. Sampling was done by purposive with the criteria that have been set previously. Data analysis this study uses the Partial Least Square approach (PLS). The results of the test accuracy of the model by looking at the R Square Adjusted that contributed to the model in explaining the relationship of the structural variables is equal to 0,604 (or 60,40%). Variable firm size as a control variable can build a better model by looking at the results of the hypothesis test obtained leads to significant overall. Based on the hypothesis test results, it is found as follows, the first hypothesis; which declares the variable investment decisions have a significant positive impact on the value of the company can be accepted. The results of the test of the second hypothesis; which states leverage has a significant positive impact on the value of the company can be accepted. The results of the test of the third hypothesis; stating profitability has a significant positive impact on the value of the company can be accepted.
Databáze: OpenAIRE