DETERMINATION OF FIRM VALUE IN THE CONSUMER CYCLICALS SECTOR LISTED ON THE INDONESIA STOCK EXCHANGE

Authors

  • Frengki Putra Ramansyah Universitas Malikussaleh
  • Husaini Husaini Universitas Malikussaleh
  • Jummaini Jummaini Universitas Malikussaleh
  • Wardhiah Wardhiah Universitas Malikussaleh

Keywords:

Tobin’s Q, PER, DER, ROE, Managerial ownership, Institutional ownership

Abstract

This study examines the effect of Investment Decisions, Funding Decisions, Profitability, Managerial Ownership, and Institutional Ownership Structure on the Value of firms in the consumer cyclical sector in the Indonesian Stock Market period 2016-2021. The population was 135 firms and the sampling method used purposive sampling and got 12 companies. The data was analyzed using a regression panel through Eviews 10 application tool. The results of the research found that the Investment Decision (PER), Funding Decision (DER) Profitability (ROE), and Institutional Ownership Structure (IO), have a positive effect on the value of firms (Tobin's Q). While Investment Decision (PER) and Managerial Ownership (MO) have no significant effect on Tobin's Q) Value of the Firm in the consumer cyclical sector in the Indonesian Stock Market

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Published

2023-12-30

Issue

Vol. 1 (2023): International Conference on Finance Economics and Business (ICOFEB)

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