Published March 3, 2023 | Version https://www.theijbmt.com/archive/0949/1417679393.pdf
Journal article Open

EFFECT OF CAPITAL STRUCTURE, COMPANY SIZE, COMPANY AGE, AND PROFITABILITY ON COMPANY VALUE

Authors/Creators

  • 1. .Faculty of Economics and Business, Muhammadiyah University of Surakarta, Indonesia
  • 2. Faculty of Economics and Business, Muhammadiyah University of Surakarta, Indonesia

Description

This study aims to determine the effect of Capital Structure, Firm Size, Firm Age, and Profitability on Firm Value. This study uses a quantitative approach with a sampling technique using a purposive sampling method for manufacturing companies listed on the IDX in 2019-2021. Samples that met the criteria were 90 companies with a research period of 3 years, bringing the total sample to 270 data. This study uses multiple linear regression analysis, data processing using the software application Statistical Package for the Social Sciences (SPSS) version 26. The results in this study indicate that capital structure, firm age, and profitability have a significant effect on firm value, while firm size does not significant effect on firm value.

Files

1417679393.pdf

Files (672.1 kB)

Name Size
md5:8e71a78936a0e6b69bbaee5b6d4614b3
672.1 kB Preview Download

Additional details

References

  • Astika, I. G., Suryandari, N. N. A., & Putra, G. B. B. (2019, December). The Influence of Profitability, Dividend Policy and Company Size on Firm Value in Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX) for the 2015-2018 period. inNational Seminar on Innovation in Science, Technology and Humanities Research InoBali(pp. 574-585
  • Anggraeni, IGAMO, & Rahyuda, H. (2020). The Influence of Company Size and Capital Structure on Profitability and Firm Value in Food and Beverage Companies on the Indonesia Stock Exchange. American Journal of Humanities and Social Science Research (AJHSSR), 4(9), 236-243.
  • Aulia, A. N., Mustikawati, R. I., & Hariyanto, S. (2020). Profitability, company size and intellectual capital on firm value. Management Student Research Journal, 8(1).
  • Chasanah, AN (2018). The effect of liquidity, profitability, capital structure and company size on company value in manufacturing companies listed on the IDX in 2015-2017.Journal of Economics and Business Research, 3 (1), 39- 47.
  • Fahri, Z., Sumarlin, S., & Jannah, R. (2022). The Influence of Capital Structure, Debt Policy, and Firm Age on Firm Value with Firm Size as a Moderating Variable. ISAFIR: An Overview of Islamic Accounting and Finance, 3(1), 116-132.
  • ] Hairi, T. (2019). The Influence of Capital Structure, Profitability and Company Size on Company Value in the Food and Beverage Sector Listed on the Indonesia Stock Exchange (IDX) for the 2013-2017 period. Tirtayasa Economics, 14(2), 171-186.R.E. moore,Interval analysis (Englewood Cliffs, NJ: Prentice-Hall, 1966)
  • lrawan, D., & Kusuma, N. (2019). The Influence of Capital Structure and Company Size on Firm Value. Actual Journal, 17(1), 66-81.
  • ] Jensen, M., dan W.H. Meckling. 1976. Theory Of The Firm: Magerial Behavior, Agency Cost And Ownership Structure. Journal Of Financial Economics 3. Hal. 305- 360