EMPLOYEE STOCK OWNERSHIP PROGRAM (ESOP) DAN NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VERIABEL INTERVENING

Autor:	Mardiyah Anugraini, Hidayatul Khusnah
Rok vydání:	2020
Předmět:	Fuel Technology Stock exchange Business administration Enterprise value Energy Engineering and Power Technology Profitability index Business Stock (geology)
Zdroj:	Accounting and Management Journal. 4:113-124
ISSN:	2579-9614 2579-9606 2015-2019
Popis:	This study aims to investigate the effect of the employee stock ownership program (ESOP) on profitability and firm value. In addition, this study also aims to see the mediating effect of profitability on the effect of ESOP on firm value. This research was conducted on manufactures listed on the Indonesia Stock Exchange (BEI) during 2015-2019. The data analysis technique in this study used the PLS (Partial Least Square) method. The results of this study indicate that the results of this study indicate that profitability partially mediates the effect of ESOP on firm value. This study also found that ESOP has a positive effect on profitability and firm value. This study also found the same thing for the effect of profitability on firm value.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::a29ec844e8ad2c594ac1d1e519ea6996 https://doi.org/10.33086/amj.v4i2.1820 Zobrazit plný text záznamu