Pengaruh Profitabilitas, Struktur Modal, Ukuran Perusahaan, Kepemilikan Institusional dan Terkonsentrasi Terhadap Nilai Perusahaan

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh profitabilitas, struktur modal, ukuran perusahaan, kepemilikan institusional, dan kepemilikan terkonsentrasi terhadap nilai perusahaan sektor consumer goods yang terdaftar di Bursa Efek Indonesia (BEI) per kuartal selama periode 2016-2019. Penelitian ini menggunakan data sekunder dari laporan keuangan konsolidasi per kuartal perusahaan sektor consumer goods yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2016-2019. Terdapat 23 perusahaan yang menjadi sampel atau sebanyak 368 observasi yang memenuhi kriteria sampel penelitian dengan metode purposive sampling. Metode analisis data dilakukan dengan analisis regresi panel. Hasil penelitian menunjukkan bahwa variabel ukuran perusahaan dan kepemilikan institusional berpengaruh terhadap nilai perusahaan. Sedangkan, variabel net profit margin, debt to equity ratio, dan kepemilikan terkonsentrasi tidak berpengaruh terhadap nilai perusahaan.

The Influence of Tax Planning, Leverage, Profitability, and Firm Size on Firm Value (Empirical Study of Food and Beverage Sub-Sector Manufacturing Companies Listed on the Indonesia Stock Exchange in the 2019-2021 Period)

“…According to (Herdyanti et al, 2021) explained that a large firm value makes investors confident, not only about the company's current prospects but also the future. According to (Sulistiorini and Lestari, 2022) explained that firm value is a measure of the success of managers in obtaining good performance for the company. Meanwhile, the investor part is one of the firm values that can have a view of where the determination of the investment can be obtained.…”

“…According to (Sulistiorini and Lestari, 2022) explains that firm size describes the size of a company related to opportunities, expertise in entering the capital market, and other types of external financing that shows the company's borrowing skills. Firm size describes the activities owned by a company.…”

“…Companies with large categories have large agency costs, so they tend to provide financial reports or information so that agency costs are reduced. Based on research that has been conducted by (Sulistiorini and Lestari, 2022) and (Radja and Artini, 2020), companies that have a large number of assets can make their management practical and easier to obtain funds along with more freedom to use company assets, so investors are sure to provide capital in the company, this condition has an impact on the increase in the company's share price.…”

“…While the dependent variable can also be influenced by other variables of 0.905 or 90.5%. Examples of other variables such as capital structure (Novita et al, 2021), liquidity ((Wimidhati et al, 2021 and (Aji and Atun, 2019)), dividend policy (Taufiq and Trianti, 2021), company growth (Rofila and Subardjo, 2018), solvency (Thoha and Hairunnisa, 2022), good corporate governance (Putri and Mardenia, 2019), institutional ownership (Sulistiorini and Lestari, 2022), activity (Sulistiana and Pranjoto, 2021), and etc.…”

Pengaruh Good Corporate Governance, Firm Size Dan Investment Opportunity Terhadap Nilai Perusahaan (Tobin’s Q) Pada Perusahaan Yang Terdaftar Di Indeks Investor 33 Periode 2018-2022

“…Dalam kerangka teori sinyal, ukuran perusahaan dapat mencerminkan potensi perusahaan untuk berkembang, sehingga menarik perhatian investor. Jika ukuran perusahaan meningkat secara signifikan, investor lebih tertarik berinvestasi pada perusahaan tersebut yang dapat berdampak mengoptimalkan company value (Sondakh dkk, 2019;Hertina, 2019;Sulistiorini & Lestari, 2022). Dengan mempertimbangkan berbagai faktor seperti total aset, log size, nilai pasar, total penjualan, total pendapatan, total modal dan faktor lainnya.…”