The Effect of DER and Interest Rate on Company Value

2014

The aim of this study is to analyze the fundamental factors affecting the Price Earning Ratio (PER) companies as the basis of shares in the shares company incorporated in LQ 45 Index in Indonesia Stock Exchange (BEI) in the period 2011-2015. Fundamental company measured by several indicators such as the level of solvency / leverage as measured by Debt to Equity Ratio (DER), the level of earnings / profitability as measured by Return On Equity (ROE), dividend policy which is measured through the Dividend Payout Ratio (DPR), and the book value of shares measured by the Price to Book Value (PBV). This study uses linier regression analysis with the help of software SPSS 18.0. The test results stated that the variable that has positive influence on Price Earning Ratio (PER) is Debt to Equity Ratio (X2) equal to 0,309, and Price to Book Value (X3) equal to 4,983. While the variables that negatively affect the Price Earning Ratio (PER) is Return On Equity (X1) 494. and Dividend Payout Ratio (X4) of -3,066. Adjusted R-square value of 0.452 which shows the ability of the independent variable (X) used in this study include the Return On Equity (X 1 ), Debt to Equity Ratio (X 2 ), Price to Book Value (X 3 ) dan Dividend Payout Ratio (X 4 ) can explain the dependent variable (Y) is Price Earning Ratio of 45.20%, the rest is equal to 54.802% explained by variables included in the model such as stock market prices, the level of liquidity, risk investment, and macroeconomic factors such as inflation and changes in interest rates.

2021

The Effects of Financial Performance toward Firm Value on Tourism, Hotel and Restaurant, and Transportation Sectors Listed on Indonesia Stock Exchange Variyetmi Wira* 1 Students in the Doctoral Program in Management Science, Universitas Andalas, Padang, Indonesia, 25163 1 Lecturer in the Department of Bussines Administration, Politeknik Negeri Padang, Padang, Indonesia, 25163 <variyetmi@pnp.ac.id, 081363394884>

Nominal: Barometer Riset Akuntansi dan Manajemen

The Effect of CR, DER, and ROE On Stock Prices Transportation Sub Sector Companies Listed On the Indonesia Stock Exchange. This study aims to determine the effect of CR, DER, and ROE on Stock Price. The method used is descriptive statistics with a quantitative approach, namely through the classical assumption test to analyze data and multiple linear regression analysis and data processed using software SPSS 20. The data used is secondary data with the type of quantitative data. The population of this study is companies sub sector transportation listed on Indonesia Stock Exchange period 2015 until 2018 with a sampling method is purposive sampling, so the number of observation is 11 (eleven) companies. Based on results of this study, it is known that the results of testing together (

Objective-The study examines the influence of profitability, leverage, firm size, and the proportion of independent commissioners on a firm's value with dividend policy as a moderating variable of the top 100 listed companies in Indonesia. Methodology/Technique-The sample was selected using purposive sampling, which consists of publicly-traded nonfinance companies listed on the Kompas 100 Index and preparing audited financial statements for the year ended December 31 using Rupiah as its reporting currency. The secondary data were analyzed with moderated regression analysis method. Findings-The result indicated that profitability, leverage, and proportion of independent commissioners significantly enhance firms' value and strengthen these conditions by dividend policy. This study also finds that company size does not influence the value of firms. Novelty-This study contributes to knowledge of a firm's value using dividend policy as a variable that moderates the effect of profitability, leverage, firm size, and proportion of independent commissioners toward the value of firms. The implication of this study could guide a company's corporate action to create a balanced return on the firm's value between existing and potential investors, giving a positively impacting Type of Paper: Empirical JEL Classification:

Management Science Letters, 2020

The purpose of this study was to estimate and analyze the effect of dividend policy, profitability, firm size, leverage, and growth on firm value in financial sector listed on Indonesia Stock Exchange from 2013 to 2017. A quantitative method is used for this research with 21 companies as research object, measured by purposive sampling techniques. The data analysis method used is panel data regression. The results show that firm size, leverage, and growth did not have any significant effect on firm value in financial sector companies in the period 2013-2017. However, dividend policy and profitability proved to have significant positive effects on firm value in financial sector companies for the period 2013-2017. Simultaneous results also show that dividend policy, profitability, firm size, leverage and growth had some effects on firm value.

International Humanities and Applied Science Journal

This study aims to examine and analyze the effect of current ratio, debt to equity ratio, returnon assets and earning per share on the stock price. The object of this study is conventional taxi and bus companies in Indonesia Stock Exchange on 2013-2017. The sample selection is using purposive sampling and got six companies that match the criteria. The method used is panel data regression analysis and found that the appropriate model to use is a common effect. From the result of this study obtained the variable of earning per share has a positive and significant effect on the stock price.

https://www.ijrrjournal.com/IJRR_Vol.10_Issue.1_Jan2023/IJRR-Abstract35.html, 2023

This study examines the influence of Profitability, Debt Policy, and Dividend Policy on Firm Value with Investment Decisions as a moderating variable. The research object is Manufacturing Companies listed on the IDX (Indonesian Stock Exchange) from 2010-2019, consisting of 12 companies. The sampling method used is the selection of samples for research by fulfilling several criteria from the research population (purposive sampling). The data type is secondary data, with data analysis techniques using multiple linear regression tests using STATA 16 software tools. The results of this study indicate that the Investment Decision variable is proxied by the PER, significantly moderating the influence of Profitability proxied by ROA, Debt Policy is proxied by the DER, and Debt Policy is proxied by the DPR to Firm Value proxied by PBV. Profitability has a positive but not significant effect on firm value. Debt Policy has a positive and significant effect on Firm Value. Dividend Policy has a negative but not significant effect on Firm Value.

2021

The purpose of this study is to determine influence of Leverage, Growth, Firm Size, Dividend Policy and Interest rate on the value of the company of construction and building sub-sector companies listed on the Indonesia Stock Exchange during the observation period 2014 - 2020. The research sample in this study consists of 7 companies determined by conducting purposive sampling. In this study, uses secondary data from financial statements were reported by construction and building sub-sector companies. Research methods uses descriptive statistics and inferential statistics using the Random Effect Model. The results showed that Leverage and Interest Rate have a significant positive effect, Firm Size has a negative and significant effect. While the Growth and Dividend Policy has no effect on the value of the company.

2017

This study analyzes the effect of the financial performance of companies on stock prices of companies listed on the Indonesia Stock Exchange. In this thesis, the company's financial performance is measured by Return on Assets (ROA), Debt to Equity Ratio (DER), Price Earning Ratio (PER) and Earning Per Share (EPS). While the share price is using the closing price of individual stocks. The time span of this research is 5 years, ie from 2009 to 2013. This data includes 26 050 obesrvasi. The estimation technique used is the panel data estimation. This study use the FEM model. The conclusion of this thesis Financial Performance dalah that have a significant effect on stock prices. While partially, factors that significantly influence the stock price is Return On Assets (ROA) and Earning Per Share (EPS). Keywords : Financial Performance, Stock Price and Data Analysis Panel

Journal of International Conference Proceedings

The purpose of this study was to determine the effect of investment decisions, funding decisions, and dividend policies on firm value. The population in this study is a consumer goods manufacturing sector manufacturing company listed on the Indonesia Stock Exchange in 2012-2016. Data collection techniques in this study are panel data techniques, namely time series and cross section. The results showed that investment decisions have a positive and insignificant effect on firm value, funding decisions have a significant positive effect on firm value, and dividend policy has a negative and not significant effect on firm value.