This study aims to examine the influence of capital structure, firm size, and profitability on firm value among energy sector companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The study employs an explanatory quantitative approach using secondary data derived from corporate financial statements and capital market information. The research population consists of 91 energy sector companies, with 64 companies selected via purposive sampling. After excluding outliers, the study utilizes 191 firm-year observations. Capital structure is measured by the Debt to Equity Ratio (DER), firm size by the natural logarithm of total assets, profitability by Return on Assets (ROA), and firm value by Price to Book Value (PBV). Testing was conducted using multiple linear regression. The results indicate that capital structure has a positive and significant effect on firm value. Firm size has a negative and significant effect on firm value, whereas profitability has a positive and significant effect on firm value. These findings suggest that capital structure and profitability serve as valuable information for investors in assessing a company's condition and prospects.
This study aims to analyze the effects of capital structure, company size, and investment decisions on firm value among technology sector companies listed on the Indonesia Stock Exchange during 2022–2024. The study employed a quantitative approach with a population consisting of all technology sector companies listed o...
This study aims to analyze the effect of Liquidity, Firm Size, Capital Structure, and Profitability on Firm Value in primary consumer goods manufacturing companies in the food and beverage subsector listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. The sampling technique employed in this study w...
Firm value represents the market’s assessment of a company’s fundamental quality, profit-generating capacity, and long-term economic prospects. This study aims to examine the role of internal characteristics and financial decisions in determining firm value among food and beverage companies listed on the Indonesia Stoc...
The agricultural sector plays an important role in supporting economic growth and food security; however, companies in this sector face various challenges related to financial performance and market valuation. Firm value is an important indicator that reflects investors’ perceptions of a company’s future prospects and...
M. Manurung, H. Sahla· Scientific Journal of Reflec...· 0 citations
Purpose— This study aims to examine the effect of cost of capital, profitability, and operational activity efficiency on firm value among technology sector companies listed on the Indonesia Stock Exchange (IDX) during the 2023–2025 period.
Design/methodology— This study employs a quantitative approach using secondary d...
Purpose: This study aims to examine the effect of debt policy, dividend policy, investment decisions, and profitability on the firm value of manufacturing companies listed on the Indonesia Stock Exchange during the 2016–2020 period.
Methodology/approach: This research employed a quantitative approach using secondary d...