Article of Determinant Analysis of the Value of LQ45 Index Companies Listed on the Indonesian Stock Exchange

Tjandrakirana DP, Rina and Ermadiani, Ermadiani and Abukosim, Abukosim (2023) Article of Determinant Analysis of the Value of LQ45 Index Companies Listed on the Indonesian Stock Exchange. International Journal of Business and Applied Economics (IJBAE), 2 (5). pp. 903-924. ISSN 2828-1519 (Submitted)

Text (Jurnal internasional terindeks pada database internasional diluar kategori yang pertama sesuai Pedoman Operasional Penilaian Angka Kredit Kenaikan Jabatan Akademik/Pangkat Dosen tahun 2019) JURNAL PENELITIAN_RINA TJANDRAKIRANA DP_ TAHUN 2023.pdf Download (382kB)

Abstract

This research aims to test and find empirical evidence regarding the influence of enterprise risk management (ERM) disclosure, company size, profitability, and leverage on company value. The type of data used is secondary data in the form of company annual reports on companies listed on the Indonesia Stock Exchange. The population in this study is the LQ45 index companies for 2020-2022, and the sampling technique used is the purposive sampling method. In this study there are four independent variables and one dependent variable. The dependent variable in this research is company value, while the independent variable consists of four variables, namely Enterprise Risk Management (ERM) disclosure, company size, Profitability, and Leverage. The analysis technique used is classical assumption testing consisting of a normality test, multicollinearity test, autocorrelation test, and heteroscedasticity test as well as hypothesis testing including multiple linear regression, individual parameter significant test (t-test), simultaneous significant test (F test) and coefficient of determination. The results of this research analysis state that Enterprise Risk Management disclosure has a negative and insignificant effect on company value, and company size has a negative and significant effect on company value. Meanwhile,Profitability and Leverage have a positive and significant effect on company value

Item Type:	Article
Subjects:	H Social Sciences > HG Finance > HG4001-4285 Finance management. Business finance. Corporation finance
Divisions:	01-Faculty of Economics > 62201-Accounting (S1)
Depositing User:	Ermadiani Ermadiani
Date Deposited:	19 Dec 2023 03:06
Last Modified:	19 Dec 2023 03:06
URI:	http://repository.unsri.ac.id/id/eprint/133205

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