The Effect of Enterprise Risk Management, Firm Size, Profitability, and Leverage on Firm Value
DOI:
https://doi.org/10.32493/eaj.v4i1.y2021.p71-81Keywords:
enterprise risk management, firm size, profitability, leverage, firm valueAbstract
The purpose of this study is to investigate the effect of enterprise risk management, firm size, profitability, and leverage on the worth of property and assets companies listed on the Indonesia securities market during 2015-2017. the tactic of knowledge analysis during this study is multiple regression toward the mean analysis using SPSS software version 25. The results of the study indicate that the scale of the corporate doesn't have an influence on the worth of the corporate. Other variables like profitability and leverage have a big positive effect on firm value, while the applying of enterprise risk management to property and assets companies listed on the Indonesia securities market incorporates a significant negative effect on firm value. it had been concluded that enterprise risk management, profitability and leverage affect the worth of the corporateReferences
Agus, S. (2015). Manajemen Keuangan:Teori dan Aplikasi. Edisi Keempat. Yogyakarta: BPFE.
Analisa, Y. (n.d.). Pengaruh Ukuran Perusahaan, Leverage, Profitabilitas Dan Kebijakan Deviden Terhadap Nilai Perusahaan (Studi Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2006-2008). Fakultas Ekonomi Diponegoro : Semarang.
Arifah, E., & Wirajaya, I. A. (2018). Pengaruh Pengungkapan ERM Terhadap Nilai Perusahaan dengan Ukuran Perusahaan, Leverage dan Profitabilitas Sebagai Variabel Kontrol . Jurnal Akuntansi. , 25(2), 1626-1627.
Devi, S., & Budiasih, I. N. (2017). Pengaruh Pengungkapan Enterprise Risk Management dan Intelectual Capital Terhadap Nilai Perusahaan. Jurnal Akuntansi dan Keuangan Indonesia. , Vol 14(1).
Ghozali, I. (2017). Analisis Multivariat dan Ekonometrika. Edisi 2. Eviews 10. . Semarang: Badan Penerbit Universitas Diponegoro.
Gunawan. (2016). Pengaruh Karakteristik Perusahaan Dan Kepemilikan Terhadap Utang Perusahaan Real Estate Yang Terdaftar di Bursa Efek Indonesia Periode 2008-2013. Jurnal Keuangan dan Perbankan.
Harahap, & Sofyan, S. (2013). Analisis Kritis Atas Laporan Keuangan. Jakarta: Rajawali Pers.
M Fuad, Christin H, Nurlela, Sugiarto, & Paulus. (2006). Pengantar Bisnis. Jakarta: Gramedia Pustaka Utama.
Martha, L., Sogiroh, N. U., Magdalena, M., Susanti, F., & Syafitri,
Y. (2018). Profitabilitas Dan Kebijakan Deviden Terhadap Nilai Perusahaan. Jurnal Benefita, 3(2), 227-238.
Mulyasari, D., Miyasto, & Muharam, H. (2016). Pengaruh Enterprise Risk Management, Firm Size, Leverage, Sales Growth, Profitability terhadap Firm Value. Doctoral Dissertation, Diponegoro University.
Nohong, M. (2016). Inovasi, Pertumbuhan, Ukuran Dan Nilai Perusahaan Farmasi di Indonesia. Jurnal Keuangan dan Perbankan, 20(2), 176-185.
Nurminda, A., Isynurwardhana, D., & Nurbaiti, A. (2017). Pengaruh Profitabilitas, Leverage, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan (Studi Pada Perusahaan Manufaktur Sub Sektor Barang dan Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2012-2015). e-Proceeding of Management, 4(1).
Putu, N. G., Moeldjadi, Djumahir, & Djazuli , A. (2014). Factors Affecting Firms Value of Indonesia Public Manufacturing Firms. International Journal of Business and Management Invention, 3(2), 35-44.
Qomariah, N. (2015). The Effect Of Corporate Social Responsibility, Size and Profitability Toward On The Value of Corporate (Studies in Manufacturing Companies Listed in Indonesia Stock Exchange). IOSR Journal Of Management and Business, 17(02).
Rindawati, M. W., & Asyik, N. F. (2015). Pengaruh Profitabilitas, Ukuran Perusahaan, Leverage, Dan Kepemilikan Publik Terhadap pengungkapan Corporate Social Responsibility (CSR). Jurnal Ilmu dan Riset Akuntansi, Vol 4(6).
Salempang, L. E., Sondakh, J. J., & Pusung, R. J. (2016). Pengaruh Return On Asset, Debt to Equity Dan Pertumbuhan Penjualan Terhadap Nilai Perusahaan Pada Sektor Real Estate dan property Yang Terdaftar Di BEI Tahun 2013-2014. Jurnal Berkala Ilmiah Efisiensi, 16(03).
Weygandt, J., Kieso, D., & Kimmel, P. (2015). Financial Accounting IFRS Edition. California: Wiley.
Published
Issue
Section
License
Copyright (c) 2024 Armanto Witjaksono, Ratna Puspita Sari
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
<a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/"><img alt="Creative Commons License" style="border-width:0" src="https://i.creativecommons.org/l/by-sa/4.0/88x31.png" /></a><br />This work is licensed under a <a rel="license" href="http://creativecommons.org/licenses/by-sa/4.0/">Creative Commons Attribution-ShareAlike 4.0 International License</a>.