Determinants of Company Value with Asset Revaluation as an Intervening
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 08
Abstract
The study aims to determine the effect of Investment Opportunity Set, Liquidity, and Company Size both directly and indirectly on Company Value in companies that revalued assets listed on the Indonesia Stock Exchange in the 2016-2019 period. The research method used is a hypothesis testing method with a quantitative approach. The statistical test used is multiple linear regression with the use of partialsignificance test for hypothesis testing. The number of samples studied was 136 using panel data. The results showed that the direct effect of investment opportunity set and liquiditypartially had no effect on firm value, but firm size partially had an effect on firm value. While the indirect effect of investment opportunity set, and company size partially affect the value of the company. Liquidity partially has no effect on firm value through revaluation of fixed assets as an intervening variable.
Authors and Affiliations
Irma Sari Permata, Kurnia Heriansyah, Mulyadi
Keywords
Related Articles
- EP ID EP727280
- DOI 10.47191/jefms/v6-i8-18
- Views 51
- Downloads 0
The Effect of Earnings Persistence and Capital Structure on Earnings Response Coefficient in Indonesia Stock Exchange
This study managed to investigate the effect of earnings persistence and leverage on the Earnings Response Coefficient (ERC) in companies listed on the Indonesia Stock Exchange. Based on the annual report data of 265 com...
Pricing of Halal Fashion Products in Facing Competition Reviewed From an Islamic Economic Perspective
This article discusses the pricing of halal fashion products in facing competition with an Islamic economic perspective. This study aims to analyze the pricing of halal fashion products in facing competition with an Isla...
Analysis of the Influence of Brand Image of Purchase Intentions through Perceived Price, Trust, and Perceived Value
This research is to analyze the relationship between Brand Image and Purchase Intentions through Perceived Price, Trust, and Perceived Value of Nike sports shoes. In today's world, when viewed from its assortment plannin...
SME Working Capital Strategy to Increase Profitability During The Covid-19 Pandemic
The Covid-19 pandemic has an impact not only on the manufacturing sector but also on the SME sector. One way that is done by SMEs is to strengthen financial strategies to maintain the continuity of SME businesses. This s...
Effect of Economic Growth, Industrialization, Population Growth, and Renewable Energy on CO2 Emissions in the Long and Short Term in ASEAN 5
This study aims to see the dynamic pattern of the relationship between CO2 emissions and economic growth, industrialization, population growth, and renewable energy in the long and short term in ASEAN 5 countries, namely...