Variabel Yang Mempengaruhi Nilai Perusahaan Pada Masa Pandemi Covid-19

Main Article Content

Madeline Santoso
Yanti Yanti

Abstract

The objectives of this research are to investigate the effect of capital structure, profitability, cash holding, and firm size on the firm value of basic materials companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2021. The technique that was used in this research is purpose sampling with the results about 17 basic material companies listed on IDX.  In this research, multiple linear regression was tested using software called SPSS IBM Statistics. The result of this study stated that firm size has a significant and positive effect on firm value, on the other hand capital structure, profitability, and cash holding have no significant effect on firm value. The result of different tests before and during the COVID-19 pandemic stated that there was no difference in the average of firm value.

Article Details

Section
Articles

References

Ajeng, R. S., & Suzan, L. (2021). Pengaruh Financial Leverage, Cash Holding, dan Pertumbuhan Perusahaan Pada Nilai Perusahaan (Studi Pada Perusahaan sub Sektor Makanan dan Minuman yang terdaftar Di Bursa Efek Indonesia (BEI) Periode 2015-2019). e-Proceeding of Management.

Ambarwati, S., Astuti, T., & Azzahra, S. (2021). Determinan Nilai Perusahaan Sebelum dan Pada masa Pandemic Covid-19. JURNAL BECOSS (Business Economic, communication, and Social Science), 79-89. doi:10.21512/becossjournal.v3i2.7415

Anggraini, D., & Siska MY, A. (2019). Pengaruh Struktur Modal, Profitabilitas, dan Ukuran Perusahaan terhadap Nilai Perusahaan. Management & Accounting Expose , 4-8.

Azmat, Q. u. (2014). Firm value and optimal cash level: Evidence from Pakistan. International Journal of Emerging Markets, 9(4), 488-504.

Brigham, E. F., & Houston, J. F. (2014). Dasar-Dasar Manajemen Keuangan (Vol. 11). Jakarta: Salemba Empat.

Dhani, I. P., & Utama, A. G. (2017). Pengaruh Pertumbuhan Perusahaan, Struktur Modal, dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal Riset Akuntansi dan Bisnis Airlangga.

Edi., & Fernando, E. (2021). Analisis Pengaruh Tata Kelola Perusahaan, Kepemilikan Manajemen, dan Cash Holding terhadap Nilai Perusahaan. Conference on Management, Business, Innovation, Education and Social Science, 1(1), 1277-1284.

GIll, A., & Shah, C. (2012). Determinants of Corporate Cash Holdings : Evidence from Canada. International Journal of Economics and Finance, 4(1), 70-79. doi:http://dx.doi.org/10.5539/ijef.v4n1p70

Gitman, L. J., & Zutter, C. J. (2015). Principles of Managerial Finance (Vol. 13). Boston: Pearson.

Gore, A. (2008). Why do Cities Hoard Cash? Determinants and Implications of Municipal Cash Holdings. 1-40.

Heriyanto, I. (2017). Pengaruh Cash Holdings dan Corporate Governance Terhadap Nilai Perusahaan pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia Tahun 2013-2015. Jakarta: Fakultas Ekonomi dan Bisnis Universitas Islam Negeri Syarif Hidayatullah Jakarta.

Hery. (2016). Analisis Laporan Keuangan Integrated and Comprehensive Edition. Jakarta: Grasindo.

Lavena, J., & Yanti. (2021). Faktor-Faktor Yang Mempengaruhi Firm Value Sebelum Dan . Jurnal Ekonomi, SPESIAL ISSUE, 439-449.

Maulida, A., & Karak, M. E. (2021). The Effect of Company Size, Leverage, Profitability and Dividend Policy on Company Value on Manufacturing Companies Listed on the Indonesia Stick Exchange (IDX) for 2014-2018. International Journal of Economics, Business and Accounting Research (IJEBAR), 684-691.

Mugumisi, N., & Mawanza, W. (2014). Corporate cash holding under liquidity crisis : A Panel Analysis of Zimbabwean firms. The International Journal's Research Journal of Economics & Business Studies, 3(3), 66-76.

Natsir, K., & Yusbardini. (2019). The Effect of Capital Structure and Firm Size on Firm Value Through Profitability as Intervening Variable. 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR, 145, 218-224.

Pinto, P., & Quadras, J. M. (2016). Impact of Capital Structure on Financial Performance of Banks. International Journal of Indian Management & Strategy, 54-59.

Putra, D. S., & Muid, D. (2012). Pengaruh Independensi Mekanisme Corporate Governance, Kualitas Audit, dan Manajemen Laba Terhadap Integritas, Laporan Keungan. Dipenogoro Journal of Accounting, 1(2), 1-11.

Riati, M., Indrawati, N., & Wiguna, M. (2020). Pengaruh Profitabilitas, Corporate Social Responsibility, dan Perencanaan Pajak terhadap Nilai Perusahaan dengan Kepemilikan Manajerial Sebagai Variabel Moderating Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia (BEI). E-JOURNAL UNIVERSITAS ISLAM NEGERI SULTAN SYARIF KASIM RIAU, 1(2), 101-120.

Riyanto, Y. (2010). Metodologi Penelitian Pendidikan (Vol. 3). Surabaya: SIC.

Ross, S. A. (1977). The determination of financial structure: the incentive-signalling approach. The Bell Journal, 23-40.

Setiadharma, S., & Machali, M. M. (2017). The Effect of Asset Structure and Firm Size on Firm Value with Capital Structure as Intervening Variable. Journal of Business & Financial Affairs. doi:10.4172/2167-0234.1000298

Shaheen, S., & Malik, Q. A. (2012). The Impact of Capital Intensity, Size of Firm And Profitability on Debt Financing In Textile Industry of Pakistan. Interdisciplinary Journal of Contemorary Research in Business, 3(10), 1061-1066.

Stephanie., & Dermawan, E. S. (2019). Pengaruh Likuiditas, Pertumbuhan Perusahaan, Dan Struktur . Jurnal Multiparadigma Akuntansi.

Sujoko., & Soebiantoro, U. (2007). Pengaruh Struktur Kepemilikan Saham, Leverage, Faktor Intern Dan Faktor Ekstern Terhadap Nilai Perusahaan (Studi empirik pada perusahaan manufaktur dan non manufaktur di Bursa Efek Jakarta). JURNAL MANAJEMEN DAN KEWIRAUSAHAAN, 9(1), 41-48.

Sulitiyani., & Noor, S. M. (2022). Analysis Determinant of Profitability and Their Effect on The Value of Automotive Companies Listed on IDX. International Journal of Finance Research, 201-218.

Taslim, I., & Susanto, L. (2021, April). Pengaruh Profitabilitas, Likuiditas, dan Ukuran Perusahaan terhadap Struktur Modal. Jurnal Multiparadigma Akuntansi, 3(2), 824-832.

Vuković, B., Mijić, K., Jakšić, D., & Saković, D. (2022). Determinants of Cash Holdings : Evidence From Balkan Countries. E&M Economics and Management, 25(1), 130-142. doi:https://doi.org/10.15240/tul/001/2022-1-008

Wirdayanti., Reniati., & Saputra, D. (2022). The Effect of Leverage , Company Size, Inflation Rate, and Cash Holding. International Journal of Business, Technology, and Organizational Behavior (IJBTOB).

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.