Pengaruh Intangible, Assets, Firm Size, Investment Opportunity Set, Probitabilitas dan Coorporate Governance terhadap Firm Value pada Perusahaan Manufaktur Sektor Industri Konsumsi Periode 2014-2016

Abstract

The firm value shows that the prosperity of stakeholders will increase, if the stock price is increased as well. The value of the company becomes very important because it reflects the company's performance which can affect investors' perceptions of the company. This research is meant to find out the influence of intangible asset, firm size, invesment opportunity set, profitability and corporate governance.The research population is consumption industry companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2016 periods.The sample in this study is manufacturing company according to the criteria established and there are 21 manufacturing companies and they have been selected by using purposive sampling. The statistic test instrument uses SPSS 23 version which is carried out to perform classic assumption test, multiple linear regressions analysis, and the hypothesis test. based on the result of normality test, multicolinearity test, heterocedasticity, and autocorrelation, some variables that deviate from the classic asssumption have not been found. the result of the hypothesis test shows that : (1) intangible asset is proven to affect the firm value; (2) Firm size is not proven to affect the firm value ; (3) invesment opportunity set is not proven to affect the firm value ; (4) profitability is not proven to affect the firm value ; (5) corporate governance is not proven to affect the firm value.

DETERMINASI ASET TIDAK BERWUJUD TERHADAP NILAI PERUSAHAAN (Studi Pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2019)

“…Aset lancar tak berwujud (intangible asset) meliputi piutang usaha, sewa bayar di muka, asuransi bayar di muka dan lain-lain. Aset lainnya yang tak berwujud meliputi biaya pendirian perusahaan (beban ditangguhkan) (Fauzy, et al, 2019).…”

Political connections, investment opportunity sets, tax avoidance: does corporate social responsibility disclosure in Indonesia have a role?

“…Previous studies linking the investment opportunity set with tax avoidance are still limited in number. Previous studies have generally reviewed the effect of investment opportunity sets on firm value ( Fauzy et al., 2019 ; Kolibu et al., 2020 ; Resti et al., 2019 ), company dividend policy ( Abor and Bokpin, 2010 ; Chintya et al., 2018 ; Mutiarahim, 2019 ), as well as the earnings quality ( Hutagalung et al., 2018 ; Putra and Subowo, 2016 ). Only one study discusses the effect of the investment opportunity set on tax avoidance in an international context, namely McGuire et al.…”

PENGARUH INVESTASI ASET TIDAK BERWUJUD TERHADAP KINERJA PERUSAHAAN (Studi Pada Perusahaan BUMN Sektor Industri Pengolahan Yang Terdaftar Pada BEI Tahun 2019-2020)

“…Aset lancar tidak berwujud meliputi asuransi dibayar dimuka, piutang usaha dan sewa dibayar dimuka (Nafarian,2007). Sedangkan aset lainnya tidak berwujud terdiri dari beban yang ditangguhkan (Fauzy, et al,2019). Seiring perubahan dari aset yang berwujud menjadi aset yang tidak berwujud menjadi diperhitungkan bagi perusahaan.…”