Analysis of the Influence of Company Size, Profitability, Capital Structure and Stock Price on Company Value

  • Yudi Guntara Pamulang University
  • Tri Risko Iswata Pamulang University
  • Masno Marjohan Pamulang University

Abstrak

This study aims to determine the effect of Company Size, Profitability, Capital Structure and Stock Price on Company Value. The population in this study were LQ45 Index companies listed on the Indonesia Stock Exchange in 2014-2018, sample selection using purposive sampling technique, from 45 samples 21 companies were selected as samples. The analysis used was panel data regression analysis. The test results showed that Company Size had a negative and significant effect on Company Value, Return On Assets (ROA) had a positive and significant effect on company value, Net Profit Margin (NPM) and Earning Per Share (EPS) had a negative and significant effect on company value, Debt to Asset Ratio (DAR) and Debt to Equity Ratio (DER) did not have a significant effect on company value, stock price had a positive and significant effect on company value. High stock prices indicate that the company is able to provide welfare for shareholders, so that many investors are willing to buy shares of the company and will increase the value of the company.

Referensi

Darmadji, Tjiptono and Fakhrudin. (2012). Capital Market in Indonesia. Third Edition. Jakarta: Salemba Four.
Darmawan, Alfiyansyah. (2013). The Effect of Stock Price and Number of Shares Offered by Partners During IPO on Company Value. Thesis. Sunan Kalijaga State Islamic University, Yogyakarta: Yogyakarta.
Dewanto, A. K., Muslimin, and Yunus, K. (2017). The Effect of Leverage and Profitability on the Value of Food and Beverage Industry Companies Listed on the Indonesia Stock Exchange. Journal of Science and Management, TADULAKO University, 3(1), 39-54.
Dewi, A. Sri Mahatma and Wirajaya, Ari. (2013). The Influence of Capital Structure, Profitability and Company Size on Company Value. Udayana University E-Journal of Accounting 4.2, 358-372.
Ghozali, I. (2013). Multivariant Analysis and Econometrics: Concept Theory and Application with Eviews 8. Diponegoro: Publishing Agency of Diponegoro University.
Hamidah, Ghina and Nana Umdiana. (2017). The Effect of Profitability and Investment Opportunity Set (IOS) on Company Value with Stock Price as an Intervening Variable. Journal of Accounting Vol. 3 No. 2 p-ISSN 2339-2436 e-ISSN 2549-5968, 90-106.
Hardinis, M. (2019). Capital Structure and Firm Size on Firm Value Moderated by Profitability. International Journal of Economocs and Business Administration Volume VII, Issue 1, 174-191.
Harsiatun, Siti. (2019). The Influence of Capital Structure and Profitability on Company Value. Business Administration Thesis, Diponegoro University Semarang: Haryadi, Entis. (2016). The Influence of Company Size, Funding Decisions, Profitability and Investment Decisions on Company Value. Journal of Accounting, ISSN 2339-2436.
Hasibuan, Veronica, M. Dzulkirom AR and N. G Wi Endang NP. (2016). The Effect of Leverage and Profitability on Company Value (Study on Property and Real Estate Companies Listed on the Indonesia Stock Exchange for the Period of 2012-2015). Journal of Business Accounting (JAB), Vol. 39 No. 1, 139-147 4422.
Sudiyatno, Bambang. (2010). The Role of Company Performance in Determining the Influence of Macroeconomic Fundamental Factors, Systematic Risks, and Corporate Policies on Company Value (Empirical Study on Manufacturing on the Indonesia Stock Exchange). Dissertation. Diponegoro University Semarang: Semarang.
Susilawati, Susi. (2020). Determinants of Stock Price of Companies Listed in LQ45. Jurnal Akrab Juara. Volume 5. Number 1. Thing. 38-49.
Diterbitkan
2025-04-01
Bagian
Articles

##plugins.generic.recommendByAuthor.heading##