Value Of Company Research Articles

Pengaruh Likuiditas, Solvabilitas, Aktivitas terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Intervening (Studi Kasus pada Perusahaan Subsektor Rokok yang Terdaftar di BEI Periode 2016-2022)

Indonesia is one of the countries that has the largest source of income from excise taxes on tobacco products, especially those produced from cigarettes. To maintain the cigarette industry to develop further, one way is to go public, which allows investors to invest capital to help the company grow and increase its profitability. The aim of this research is to determine the influence of liquidity, solvency and activity on company value with profitability as the mediator. The research method used is quantitative with an SEM approach. Data collection techniques use secondary data. The data instrument used is Structural Equation Model Analysis (SEM) and hypothesis testing using Smart PLS software. The results obtained in this research mean that liquidity and solvency have no effect on company value and profitability, activity has an effect on company value and profitability. However, profitability itself cannot mediate between the independent variable and the dependent variable in this research.

Analisis Pengaruh Kebijakan Dividen dan Kinerja Keuangan terhadap Nilai Perusahaan

Firm value is an instrument for investors to consider the success of a company in relation to its share price. The banking industry is one of the most important financial business entities for society because it plays a much needed role in economic and social funding activities. This research aims to examine the influence of dividend policy and financial performance (ROA, LDR and NPL) on the value of companies in the banking sector listed on the BEI in 2010-2022.Testing was carried out using explanatory statistical analysis, data normality testing, and hypothesis testing. The results of this research show that dividend policy (DPR), profitability (ROA), and liquidity (LDR) have a positive effect on company value, while liquidity (LDR) and non-performing loans (NPL) have a negative effect in the banking sector listed on the IDX in 2010 -2022 period.

Pengaruh Struktur Kepemilikan, Leverage dan Return On Asset (ROA) Terhadap Kebijakan Dividen pada Perusahaan Manufaktur Yang Terdaftar Dibursa Efek Indonesia Tahun 2021-2023

This research aims to analyze the influence of liquidity, ownership structure, leverage, and Return On Assets (ROA) on dividend policy in companies on the Indonesia Stock Exchange (BEI) for the 2021-2023 period. Dividend policy is an important decision for a company in determining the allocation of profits that will be distributed to shareholders and those that will be retained for investment purposes. Liquidity reflects a company's ability to meet short-term obligations, while ownership structure highlights the role of shareholders and managers in decision making. Leverage, which indicates the use of debt in financing, and ROA, as an indicator of profitability, are also considered important factors influencing dividend policy. This research differs from previous research with the addition of leverage variables as well as differences in population, sample and research period. It is hoped that the results of this research will provide a more comprehensive understanding of the factors that influence dividend policy and its implications for company value.

The Influence Of Capital Structure And Profitability On Company Value At PT Astra Agro Lestari Tbk

This study investigates how capital structure and profitability influence the value of PT Astra Agro Lestari Tbk. It employs a quantitative approach using numerical data, specifically analyzing the company's financial reports from 2012 to 2021. The findings indicate that capital structure significantly affects the company's value, with a T-test result showing a calculated value of 5.686, which exceeds the t-table value of 1.89458, and a significance level of 0.031 (less than 0.05). Profitability also has a significant impact, with a calculated value of 5.686 surpassing the t-table value of 1.89458 and a significance level of 0.001 (less than 0.05). This suggests that both capital structure and profitability individually affect the company's value. Additionally, when considered together, capital structure and profitability have a combined significant impact on firm value, with a significance level of 0.002 (less than 0.05) and a calculated F-value of 17.413, which is greater than the F-table value of 4.74. This confirms that both factors together significantly influence the company's value

The Effect of Tax Avoidance, Debt to Equity Ratio, and Managerial Ownership on Firm Value

This research aims to determine the effect of Tax Avoidance, Debt To Equity Ratio, and Managerial Ownership on Firm Value. The objects in this study are Manufacturing Companies in the Food and Beverage Sub Sector that are listed on the Indonesia Stock Exchange (IDX) for the 2017-2021 period. This research was conducted on 14 sample companies using a quantitative approach. The analysis test carried out in this study was a multiple linear regression analysis test using SPSS 25 software. The results to this research show that Tax Avoidance has a significant effect on company value, Debt To Equity Ratio has no effect on company value, and Managerial Ownership has no effect on Company Value.

The Effect of GCG, CSR Disclosure, and Investment Decisions on Firm Value

Investors' opinion of a company's competence in resource management is known as firm value. Demand and supply factors in the stock market determine the firm's value, reflected in its stock price. According to investor opinions, a company's high worth is represented in both its present success and its prospects for the future. In general, a number of elements, including the stock market price, net income per share, the cost of capital, and assets and liabilities, define a company's worth. This research proposes examining the impact of managerial ownership, audit committee size, corporate social responsibility disclosure, and investment decisions on firm value. This is a quantitative descriptive study made applying purposive sampling. A total of 171 observations of property and real estate firms listed on IDX during three observation periods of 2020-2022. The data was analyzed using multiple linear regression. The study found that managerial ownership contributes positively to firm value, whereas investment decisions, corporate social responsibility disclosure, and audit committee size does not influence on firm value. This study emphasizes the importance of management ownership in efforts to raise a company's value by giving empirical data to support the application of the theory of agency and the theory of signaling in this research. It will also be expected to serve as input for the companies under review.

Analyzing the Impact of Fintech Innovation on Company Valuation

In today's rapidly digitalizing world, FinTech innovation has emerged as a critical driver of the payment sector. This article looks at the influence of FinTech innovation on a company's value, using PayPal as a case study to see how its novel financial products and services, released during the COVID-19 epidemic, affected the company's stock price. Qualitative research and data comparison approaches are used to investigate PayPal's efforts to facilitate cryptocurrency transactions, improve the security and usability of its e-wallet, and provide corporate loans. The data indicate that these developments not only meet market demand for digital payments but also considerably raise PayPal's share price. This conclusion demonstrates the importance of FinTech innovations in increasing the company's revenue variety and market competitiveness. Based on the data presented above, the paper suggests that PayPal expand its market demand, enhance the user experience, and raise its investment in fintech in order to continue driving the share price upward. This involves introducing additional financial products that suit market demands, as well as attracting and maintaining more consumers, resulting in increased market share and income streams.

The Impact of Fintech on Company Valuation: The Case of Hundsun Technologies Inc.

Given the growing global concern about climate change, nations have set goals to reach the highest level of carbon emissions and achieve carbon neutrality in order to reduce greenhouse gas emissions. Fintech, with its distinctive value, plays a crucial role in implementing the "carbon neutral" approach. This article uses Hundsun Technologies Inc. as a case study to conduct a SWOT analysis, investigating how the firm utilizes Fintech to further its "carbon neutral" agenda. The study's findings demonstrate that Hundsun Technologies Inc.'s use of financial technology to improve carbon emissions monitoring and management and engage in ecological construction through extensive collaboration not only enhances its sense of social responsibility and market competitiveness, but also holds immense value for industry enterprises. Fintech will remain significant in the context of the global push for carbon neutrality, but it must also enhance its oversight and regulation to maintain long-term growth and maximize societal advantages.

Impacts of CEO-employee pay disparity on investor behavior and market dynamics: Evidence from laboratory asset markets

This study explores the impacts of CEO-to-employee pay disparity on investor behavior and market dynamics using an experimental methodology. We employed two laboratory asset markets with identical company valuations but differing CEO-employee pay ratios. Our findings reveal that a higher pay ratio leads investors to quote higher prices for the company's stock. This effect is driven by two conflicting mechanisms of social preference: inequality aversion, which motivates investors who value fairness to quote lower prices for stocks of companies with high pay ratios, and social comparison, where the high pay ratio prompts investors to compare their wealth with that of CEOs, thus becoming more risk-seeking and quoting higher prices. Moreover, higher pay ratios contribute to increased stock prices, fostering larger market bubbles, enhancing the dispersion of investor opinions, boosting trading volumes, and escalating market volatility. This study enriches our understanding of how asset markets react to CEO-to-employee pay disparities, providing valuable insights for policymakers and market participants.

Pengaruh Earning Per Share, Return on Equity dan Price to Book Value Terhadap Harga Saham Periode 2019-2021 (Studi Kasus pada Perusahaan Sub Sektor Otomotif dan Komponenya di BEI)

The phenomenon that occurred during the Covid-19 pandemic that spread in Indonesia in early 2020 has an impact on all aspects of life, including the capital market. The spread of Covid-19 in Indonesia has caused fear for investors so that many of them choose to leave risky assets. This affects the movement of the Composite Stock Price Index (IHSG). The problem in this study aims to determine the effect of EPS (Earning Per Share), ROE (Return on Equity) and PBV (Price to Book Value) on stock prices in automotive companies listed on the IDX for the period 2019 - 2021. The type of research used is quantitative research with secondary data sources. The population in this study is automotive companies listed on the Indonesia Stock Exchange for the period 2019 - 2021 as many as 15 companies. Sampling using purposive sampling technique as many as 10 companies that meet the criteria. Data analysis techniques using multiple linear regression analysis techniques. The results of the study indicate that EPS can influence stock prices, and ROE also influences stock prices, and PBV influences company value. Simultaneously, the variables EPS (Earning Per Share), ROE (Return on Equity) and PBV (Price to Book Value) influence stock prices.

Financial Performance's Impact on Firm Value: How Managerial Ownership Mediates the Relationship

Banks play a significant role in facilitating the generation of economic growth opportunities, which can impact the achievement of government-set economic growth objectives. Hence, it is imperative to foster a climate that promotes banks' competitive growth and resilience, enabling them to effectively confront many problems in the face of escalating global complexities. To maintain a competitive edge, the bank must exhibit strong performance that positively influences corporate value. For that, the objective of this study is to ascertain the key determinants that exert a substantial impact on the valuation of firms, specifically examining the potential influence of capital structure, profitability, profits per share, and dividend payout ratio on the value of financial institutions. Another aim of the study is to ascertain the potential moderating effect of managerial ownership on the independent variable of company value. The sample selection included purposive random sampling, with the criterion of including only those with complete data from the research period spanning 2011 to 2022, using Moderation Regression and data panel Analysis. This study shows that earnings per share and dividend payout ratio significantly impact banks' valuation. In the interim, the Moderation Regression Analysis has yielded findings indicating that management ownership is a moderating factor in the relationship between earnings per share and banking value.

The Effect of Current Ratio and Return on Asset on Company Value in Property and Real Estate Companies Listed on the Indonesia Stock Exchange in the Period 2020-2022

The Effect of Current Ratio and Return on Asset on Company Value in Property and Real Estate Companies Listed on the Indonesia Stock Exchange in the Period 2020-2022

Strategic Management of Clean Energy Investments: Financial Performance Insights by Using BWM-based VIKOR and TOPSIS Methods

Market share of renewable energy companies increases with the increase in green-energy production. Companies increase their investments depending on the increase in energy production and can provide capital by offering the company to the public. Companies are traded in the exchange market in order to fund their increasing investments and access a large investor base. The increase in the market values of clean energy companies in recent years draws attention of investors. The study aims to identify key financial indicators that influence company growth and investment value by analyzing companies listed in the S&P North America and Europe Clean Energy Index. Therefore, the study evaluates the financial performance of clean energy companies using Best-Worst Method (BWM)-based VIKOR and TOPSIS methods to provide investors with a comprehensive assessment of investment opportunities in the clean energy sector. Also, the comparison of the two methods will contribute to the literature. The sample of this study consists of 10 big companies in S&P North America and Europe Clean Energy Index. Financial tables and exchange market data of the companies for the years 2019, 2020, and 2021 were used in this study. Remarkably, the analysis findings of the two methods differ from each other. The findings reveal significant insights into the financial health and growth potential of clean energy companies, offering valuable guidance for future.

The Effect of Inventory Management on Company Value (Empirical Study on Food and Beverage Sub-Sector Companies Listed on the Indonesia Effek Exchange in 2020-2023)

The purpose of this study is to test and analyze the influence of "Inventory Management" on Company Value, which is calculated using PBV. Inventory management is calculated using RMC, WIPC, FGC, INVTC. The research was conducted on F&B companies listed on the Indonesia Effek Exchange (IDX) with the period 2020-2023 using quarterly data. The method used by the Data Regression Panel. The results of the study showed that Inventory Management had an effect on PBV, and the RCM variable had an effect on PBV. Meanwhile, the variables of WIPC, FGC, INVTC had no effect on PBV.

Variation in the values of the beta coefficient for systematic risk depending on the approach applied on the example of companies from the WIG20 index

Purpose of the study: The beta coefficient for systematic risk can be obtained with various methods. Each of these methods may be methodologically correct and justified in the scientific literature, but the results obtained may differ. The aim of the article is to indicate differences in the estimated values of the beta coefficient for systematic risk caused by different methods of their calculation or different sources of data acquisition. Methodology: The article presents methods of calculating the beta coefficient for systematic risk and the most popular sources of obtaining this coefficient. Then, the beta ratio was calculated using the historical method for the period of 1, 2, 5 and 10 years for companies from the WIG20 index and beta indicators were obtained from the publications by A. Damodaran. On the basis of the obtained data, maximum divergences in beta coefficient values were determined and their mean value was calculated. Main findings: The results of the work indicate the average difference in beta values for companies from the WIG 20 index at the level of 0.51 and the maximum value of 1.12. Moreover, it was determined that statistically the lowest beta values as of December 31, 2023 for companies from the WIG20 index were provided by the historical method for a period of 2 years, and the highest values were provided by A. Damodaran. Application of the study: The conducted research indicates the range in which stock market analysts and valuation specialists can model the valuation value from the level of the beta coefficient. Market practitioners can choose both the highest and the lowest value and thus influence the value of the discount rate and the value of the company's valuation in the discounted cash flow method. Originality/Novelty of the study: The article presents original results of empirical research on the beta coefficient. This paper presents volatility in the values of the beta coefficient for systematic risk resulting from different methods of estimating it on the example of companies from the WIG20 index.

Evaluasi Peran Economic Value Added (EVA) Sebagai Penilaian Kinerja Manajemen Perusahaan dalam Era Bisnis Kontemporer

This study aims to initiate the role of Economic Value Added (EVA) as an assessment of corporate management performance in the contemporary business era. The approach method used in this study is a literature study to assess the effectiveness of Economic Value Added (EVA). In addition, this study also provides practical suggestions for the application of Economic Value Added (EVA) and aims to deepen the understanding of corporate management performance assessment. The findings in this study indicate that Economic Value Added (EVA) offers a comprehensive approach by considering cost capital, providing a more accurate picture of the increase in company value. However, the use of Economic Value Added (EVA) also requires strong analytical skills and access to complete data, and must be combined with other evaluation methods to provide a holistic understanding of company performance.

The Influence of Company Growth, Funding Decisions, and Dividend Policy on Firm Value

There was a decline in the company's growth and value. Corporate growth and corporate value. It's a phenomenon on the financing decision that's undergoing an increase but not at the expense of the company's value. Other phenomena in the food and beverage sector companies listed in the EIB showed fluctuations in the dividend policy while the company's value fell. It's becoming a major issue in this research. The purpose of this research is to find out whether there is an influence of Corporate Growth, Financing Decisions and Dividend Policy on Corporate Value on Food and Beverage Manufacturing Companies Period 2017-2021. The analytical method used is a Time Series and Cross Section analysis by comparing the Company's Growth Rate, Financing Decisions and Dividend Policy to the Company Value with the previous year, and comparing it with the Food and Beverage Sector Manufacturing Company Values Period 2017-2021 that included the criteria in the Objective Sampling. Partially, Corporate Growth has no influence and is not significant to the Corporate Value. The Financing Decision has a significant negative impact on the Company's Value. Dividend policy has no influence or significance on the Company's Value. Simultaneously there is an influence between Corporate Growth, Financing Decisions and Dividend Policy on Corporate Value in Food and Beverage Manufacturing Companies Period 2017-2021.

The Influence of Independent Commissioners, Company Size, and Profitability on Company Value with Loan Interest Rate Moderation

This research aims to examine the influence of independent commissioners, company size, and profitability on company value with loan interest rates as a moderating variable. This research uses secondary data in the form of financial reports of non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (BEI) during the 2020-2023 period. By using purposive sampling, a selected sample of 100 was obtained. The testing method used in this research was multiple linear regression analysis of panel data. The research results show that independent commissioners have no effect on company value, company size has a significant positive effect on company value, and profitability has a positive but insignificant effect on company value. This research also found that loan interest rates have a significant negative effect on the relationship between company size and company value as well as the relationship between profitability and company value.

A Review of Marketing Strategy in Internet Marketing

It is a company's entire strategy for attracting and converting potential customers into buyers ofits products or services. In addition to the company's value proposition and core brand message, amarketing plan includes information on the demographics of the target audience. This paper showintroduction of marketing, internet strategy, internet marketing scenario, market strategy in neweconomy firm.

Analyzing The Impact of Technical Malfunctions on The Market Value of Companies: An Event Study on Microsoft company

Analyzing The Impact of Technical Malfunctions on The Market Value of Companies: An Event Study on Microsoft company