International Journal of Economics Development Research (IJEDR)
Vol. 4 No. 1 (2023): International Journal of Economics Development Research (IJEDR)

Analysis Of the Influence of Profitability, Liquidity, Capital Strukture, Sales Growth and Managerial Ownership on Company Value in The Manufacturing Manufakturing Sector Enlisted in The LQ45 Index

Irma Sulastri (Universitas Muhammadiyah Sukabumi, Indonesia)
Nor Norisanti (Universitas Muhammadiyah Sukabumi, Indonesia)
Sopyan Saori (Universitas Muhammadiyah Sukabumi, Indonesia)



Article Info

Publish Date
16 Mar 2023

Abstract

The aim of this research is to analyze the impact of profitability, liquidity, capital structure, sales growth, and managerial ownership on company value in the manufacturing sector listed in the LQ45 Index. Annual financial report data of companies from 2018 to 2021 were used, and panel regression analysis was employed to examine the relationship between independent variables (profitability, liquidity, capital structure, sales growth, and managerial ownership) and the dependent variable (company value). The research findings indicate that liquidity has a significant positive influence on company value, while profitability, capital structure, and managerial ownership do not have a significant influence. Additionally, sales growth has a significant positive impact on company value. These findings provide new insights into understanding the factors influencing company value in the manufacturing sector. The theoretical implications of this research support the theories of liquidity and sales growth, which have a positive influence on company value. However, the insignificant influence of profitability and managerial ownership raises further questions that need to be explored in future research.

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Journal Info

Abbrev

ijedr

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

IJEDR focuses on economics, innovation, and investment. Dedicated to enhancing economics development a country, regional and the world in general. IJEDR invites papers on Economics field (Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation impact, Corporate finance, ...