Investment decisions as mediating of fundamental and technical factors on firm value

Autor: Romamti, Fedy, Wiksuana, I Gusti Bagus, Purbawangsa, Ida Bagus Anom, Sedana, Ida Bagus Panji
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Accounting, Vol 7, Iss 7, Pp 1661-1668 (2021)
Druh dokumentu: article
ISSN: 2369-7393
2369-7407
DOI: 10.5267/j.ac.2021.5.004
Popis: This study aims to analyze the impact of fundamental and technical factors on firm value with investment decisions as a mediating variable. The samples were 12 companies at agricultural sector in the Indonesia Stock Exchange. The results show that leverage had a negative and significant effect on investment decisions and firm value. Profitability and trading volume had a positive and significant effect on investment decisions and firm value. Previous stock prices did not have any significant effect on investment decisions but a positive and significant effect on firm value. Investment decisions had a positive and significant effect on firm value. Leverage had a negative and significant effect on firm value through investment decisions. Profitability and stock trading volume had a positive and significant effect on firm value through investment decisions. Previous stock prices did not have any significant effect on firm value through investment decisions.
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