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research also briefly gives contribution that the
mining sector firm listed on the Indonesian Stock
Exchange may increase the value of the firm by
paying more attention to firm size, asset growth, and
consist of making the dividend pay-out, as these
factors become the determinants of the firm's value
in the mining industry sector, and for Investors.
Investors are advised to other potential investors for
choosing larger size firms and higher asset growths,
also high dividend pay-outs, before deciding to
invest their money in companies engaged in the
mining industry.
Limitations of Research ; Limitations in this
study are: (1). this study only measures the influence
of four variables: financial pressure, firm size, asset
growth and dividend pay-out to corporate value; (2).
this study uses only five years’ time frame data from
2011-2015; (3). the population and samples used in
this study only focus on companies in the mining
sector listed on the Indonesia Stock Exchange, so
that the results of this study are only able to explain
the effect of variables on the value of the firm on
mining, and did not rule out that there are different
effects on other types of industries. Some
suggestions from this research include that future
researchers use the Adjusted Goodness of Fit Index
(AGFI) or Coefficient of Determination (R
2
), which
indicates that the influence of variable Finance
Pressure, Firm Size, Asset Growth, and Dividend
Payment to Corporate value is 89.5%, while the
remaining 10.5% is influenced by other variables
outside this model. So, the next researcher should
use other factors that are external, like inflation rate,
interest rate (Noerirawan and Muid, 2012), so that
the results can be more varied. An increase of the
observation period is also suggested, so that the
research can truly illustrate the effect of financial
pressures, firm size, and asset growth on corporate
value through dividend pay-out. Conducting
research on other types of industries outside the
mining sector will help future researchers see the
variation of research results.
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