The Influence Of Capital Structure And Financial Performance On Company Value In Registered Banking Companies On The Indonesian Stock Exchange
Keywords:
Company Value, Capital Structure, Financial Performance
Abstract
The aim of this research is to determine the influence of capital structure and financial performance on banking companies listed on the Indonesia Stock Exchange in 2020-2022. The design of this research is an associative approach. The population in this study was 46 banking companies listed on the Indonesia Stock Exchange in 2020-2022 with a sampling technique using the proportional sampling method, so that the sample obtained was 31 companies with a research period of 3 years so that the total observation data amounted to 93 company financial report data. banks listed on the Indonesian Stock Exchange in 2020-2022. The data analysis method uses multiple linear regression analysis. The research results show that partially capital structure has a negative and significant effect on company value, financial performance has a positive and significant effect on company value, and simultaneously capital structure and financial performance have a positive and significant effect on company value.
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References
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Widagdo. (2018). "The Influence of Intellectual Capital on the Performance of Financial Sector Companies Listed on the Indonesian Stock Exchange in 2009-2011". Diponegoro University, Semarang.
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Journal of Accounting and Finance Review, 6(2), 913-922.
Brigham, E.F., & Houston, J.F. (2015). Financial management.Jakarta: Erlangga.
Ghozali, I. (2018). Multivariate Analysis Applications Using the IBM SPSS 21 Program. Ed7,. Semarang: Diponegoro University Publishing Agency.
Hamidy, SN (2014). The Influence of ROA, CAR, NPL, LDR, BOPO on the Company Value of Commercial Banks. JournalAccounting, Economics, and Business Management, 5(1),14–25.
Husna, A. (2018). The Influence of Capital Structure and Financial Performance on Company Value in Food and Beverage Sub-Sector Manufacturing Companies Listed on the Indonesian Stock Exchange (Period 2012-2016). Journal of Accounting and Finance, 6(1), 59-72.
Cashmere. (2021). Financial Report Analysis. Jakarta: Rajawali Press.
Kusumadilaga. (2010).” The Influence of Capital Structure and Company Growth on Profitability and Company Value in Manufacturing Companies on the Indonesian Stock Exchange", Udayana University, Thesis, 2011.
Madani, MY, Topowijono, & Sulasmiyati, S. (2019). The Influence of Capital Structure, Ownership Structure and Profitability on Company Value in Basic Industry and Chemical Sector Companies Listed on the IDX in 2011-2014. Journal of Business Administration (JAB), 35(1), 154–164.
Mandalika, A. (2016). The Influence of Capital Structure on Company Value with Company Growth as a Moderating Variable in Consumer Goods Industry Companies on the Indonesian Stock Exchange in 2010-2012. JOM FEKON, 1(2), 1–15.
Marlina and Sugianto (2020). Capital Structure, Company Ownership Structure, Agency Problems and Information Asymmetry, Graha Ilmu Yogyakarta.
Masril & Jefriyanto (2021). The Influence of Capital Structure and Financial Performance on Company Value in Banking Companies. Jurnalambitek.stie-mahaputra-riau.ac.id. Vol. 1.No. 1 (2021)
Matter. 11-1 ISSN: 2715-7083
Munawir, S. (2010). Financial report analysis, fourth edition. Yogyakarta: Liberty.
Rivandi, M. & Septiano, R. (2021).The Influence of Intellectual Capital Disclosure and Profitability on Company Value. Trisakti Accounting Journal, 8(1), 123.
Robert, Ang. (1997). Indonesian Capital Market Smart Book. Jakarta: Media soft Indonesia.
Ross, Stephen A., Westerfield, Randolph W., Jaffe, Jeffrey & Jordan, Bradford D. (2009). Modern Financial Management (8th ed.). New York: McGraw-Hill.
Saputri, D. (2022). The Influence of Capital Structure, Company Growth and Profitability on Company Value in LQ 45 Companies on the IDX for the 2008-2012 Period. Ak Univ Undergraduate E-Journal. Ganesha Education Vol.2 No.1.
Sugiyono. (2018). Business Research Methods. Bandung: Alfabeta.Dendawijaya, Lukman.“Banking Management”. Jakarta: Ghalia Indonesia. 2004.
Suranto, VAHM, Nango, GB., & Walandouw, SK, (2017). Analysis of the Influence of Capital Structure and Financial Performance on Company Value in Banking Companies on the Indonesian Stock Exchange, Faculty of Economics and Business, Accounting Department, Sam Ratulangi University, Manado. EMBAV Journal Vol.5 No.2 June 2017, Page. 1031 - 1040. ISSN 2303-1174
Spence, A. M. (1973). Job Market Signalling. Quarterly Journal of Economics, 87:355-374.
Widagdo. (2018). "The Influence of Intellectual Capital on the Performance of Financial Sector Companies Listed on the Indonesian Stock Exchange in 2009-2011". Diponegoro University, Semarang.
Yuwono. R. (2018) Factors that influence company value in the food and beverage industry sector listed on the Indonesian Stock Exchange (BEI) in 2011-2015, Journal of Education and Economics Volume 5, Number 5.
Published
2024-08-14
How to Cite
Novitaria Sipayung, Shabrina Tri Asti Nasution, & Sari Bulan Tambunan. (2024). The Influence Of Capital Structure And Financial Performance On Company Value In Registered Banking Companies On The Indonesian Stock Exchange. Jurnal Scientia, 13(03), 838-849. Retrieved from https://infor.seaninstitute.org/index.php/pendidikan/article/view/2567
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Articles
