Reviu Akuntansi, Keuangan, dan Sistem Informasi
Vol. 1 No. 2 (2022): Reviu Akuntansi, Keuangan dan Sistem Informasi (REAKSI)

THE EFFECT OF FINANCIAL CONDITION, FINANCIAL RISK, AND COMPANY GROWTH ON COMPANY VALUE (AN EMPIRICAL STUDY ON RETAIL COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2019-2021)

Faizal Agung Rahmadani (Brawijaya University)
Putu Prima Wulandari (Brawijaya University)

Article Info

Publish Date
01 Apr 2022

Abstract

This study aims to determine the effect of financial condition, financial risk, and company growth on the company value of retail companies listed on the Indonesia Stock Exchange from 2019 to 2021. The variables of this study involve financial condition, financial risk, company growth, and company value with the proxies of the Zmijewski model, debt-to-equity ratio, investment opportunity set, and Tobin's Q respectively. The samples selected through purposive sampling include 99 data from 33 companies between 2019 and 2021 and are analyzed by multiple linear regression utilizing SPSS 25 software. The results of this study indicated that financial condition had no effect on company value, financial risk had no effect on company value, and company growth had a positive effect on company value.

Copyrights © 2022




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
Reviu Akuntansi, Keuangan, dan Sistem Informasi
Website

Abbrev

reaksi

Publisher

Universitas Brawijaya

Subject

Economics, Econometrics & Finance

Description

Publish all forms of quantitative and qualitative research articles as well as other scientific studies related to the fields of Accounting, Finance, and Information ...