Company Listed on The Indonesian Stock Exchange: Factors That Influence Company Value

  • Nathanael Bramantya Surya Hetharia Akuntansi, Sekolah Tinggi Ilmu Ekonomi Trisakti
  • Magda Siahaan Akuntansi, Sekolah Tinggi Ilmu Ekonomi Trisakti
  • Bonar Paul Siahaan Bisnis Inovasi, Monash University
DOI: https://doi.org/10.37278/eprofit.v6i2.899
Keywords: Company value, leverage, cash holdings, return on assets

Abstract

This research aims to identify the relationship between company size, leverage, managerial ownership, size of the board of directors, cash holding, return on assets, and company age, which influence the value of companies in the manufacturing industry listed on the Indonesian Stock Exchange. The sample for this research uses a purposive sampling method, which uses manufacturing companies listed on the Indonesia Stock Exchange from 2017 to 2019. This research data was analyzed using a multiple linear regression model. So, this research shows that leverage and return on assets influence company value. Meanwhile, company size, managerial ownership, board size, cash holding, and company age do not influence company value.

Published
2024-10-24
Issue
Vol 6 No 2 (2024): Economic Professional in Action (E-PROFIT)
Section
Articles

Copyright (c) 2024 Nathanael Bramantya Surya Hetharia, Magda Siahaan, Bonar Paul Siahaan

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