DETERMINING FACTORS OF CORPORATE VALUES ON AUTOMOTIVE COMPANIES IN INDONESIAN

Authors

  • Indah Ayu Johanda Putri Management Science Doctoral Program, STIESIA,Surabaya, Indonesian
  • Triyonowati Triyonowati Management Science Doctoral Program, STIESIA,Surabaya, Indonesian

Abstract

The purpose of this study was to determine the effect of profitability, growth and capital structure on firm value in automotive companies in 2014-2018. The approach used in this research is quantitative, with a type of explanatory research. The population used is automotive companies listed on the Indonesia Stock Exchange in 2014-2018. Determination of the sample is done by using purposive sampling. The data used is secondary data in the form of financial statements obtained from the Indonesian Capital Market Directory (ICMD). The results showed that growth and capital structure affect the value of the company. So that management in the automotive sector companies need to do a deeper analysis in making decisions related to company value.

References

Alipour, M dan Derakhsan. 2015. Determinant of Capital Structure: An Empirical Study of

Firms in IRAN. International Journal of Law and Management. 57 (1);53-83.

Amir, A dan Lina. The Effect of Return on Assets, Current Ratio, Size and Growth on the

Capital Structure of Manufacturing Companies Listed on the Indonesia Stock Exchange in

the 2013-2015 Period. Journal of Accounting Research Going Concern 13 (4) 2018

Andriani, W.R dan R.P Ananto.2019.The Influence of Profitability, Liquidity, Company

Size, Sales Growth and Dividend Payout Ratio on Capital Structure (Study of Property and

Realestate Companies Listed on Bei 2013-2017). Journal of Accounting and Management 14,

(1): 82-103.

Ariesta, M, dan Melina.2019. The Effect of Free Cash Flow, Profitability, and Company

Growth on Capital Structures with Dividend Payout Ratio as Intervening Variables in Real

Estate and Property Companies Registered in BEI 2013 - 2017. Scientific Journal of S1

Accounting Students of Pandanaran University ISSN: 2502-7697

Astutik, D.2017. Effect of Financial Ratio Activities on Firm Value (Study in Manufacturing

Industry). Stie Journal Semarang 9 (1)

Budiharjo,R.2018.The Effect of Profitability and Financial Leverage on Stock Returns in

Automotive Consumption Industry Companies Listed on the Indonesia Stock Exchange.

Profita: Accounting and Taxation Scientific Communication 11 (3)

Brigham, F. E,dan L.C. Gapenski. 2016. Fort Wort Intermediate Financial Management:

Dryden Press.

Proceeding 1

st International Conference on Business & Social Sciences (ICOBUSS) 617

Surabaya, October 3rd – 4

th, 2020

Brigham, F. E,dan J. F. Houston. 2011. Fundamentals of Financial Management books 1 and

: Salemba Empat. Jakarta.

Dewi, M.R, A.A Ngr Primantara, dan Ag .D.Yudi. Effect of Liquidity, Profitability, Business

Risk, Company Size, and Taxes on Capital Structure. Journal of Management of Udayana

University 5(5): 2696-2726

Ghozali, I. 2005 Application of Multivariate Analysis with SPSS Program. Matter IV.

Diponegoro University Publisher Agency. Semarang.

Gustian, D. Effect of Company Growth, Investment Decisions, and Funding Decisions on

Company Value (Empirical Study of Manufacturing Companies Listed on the Indonesia

Stock Exchange 2010-2014. Padang University.

Hermuningsih, S.2013. The Effect of Profitability, Growth Opportunity, Capital Structure on

Company Value in Public Companies in Indonesia Bulletin of Monetary Economics and

Banking.

Hermuningsih,S, dan A.D.Antoro.2018.Dividend and Bi Rate Policies as Moderating

Liquidity, Profitability, and Leverage Against the Value of Banking Companies Registered in

BEI in 2011-2017. Journal of Upajiwa Dewantara 2 (1)

Horne,H.C.Van.2002 Financial Management and Policy. Twelfth Edition.Prentice – Hall.

New Jersey.

Lukman,H, dan D.Priantinah.2018.Factors That Affect Company Value in Manufacturing

Companies Listed on the Indonesia Stock Exchange. Profita Accounting Studies 6 (8)

Prasetyo, F.E, F.Swandari, dan D.M.Dewi.2017.The Effect of Profitability, Taxes and

Growth Opportunity on Company Value through Capital Structure as Intervening Variables.

Journal of Management Insights, 5(1)

Sharma,R.K.2018.Factor Effecting Financial Levereging for BSE Listed Real Estate

Development Companies in India. Journal of Financial Management of Property and

Construction 23:274-294.

Downloads

Published

2020-10-04

How to Cite

Putri, I. A. J., & Triyonowati, T. (2020). DETERMINING FACTORS OF CORPORATE VALUES ON AUTOMOTIVE COMPANIES IN INDONESIAN. International Conference of Business and Social Sciences, 1(1). Retrieved from https://debian.stiesia.ac.id/index.php/icobuss1st/article/view/57

Issue

Section

International Conference of Business and Social Sciences

Most read articles by the same author(s)

> >>