Determinants of Firm Value on Mining Companies in Indonesia

Annisa Fitri, Eka Rachmawati, Hasiholan Sinamo, Randi Saputra

2023

Abstract

The purpose of this study was to analyze the determinants factors that influence the firm value of mining company in Indonesia.The factors namely capital structure, profitability, hedging decisions and managerial ownership. The population in this study are mining companies listed on the Indonesia Stock Exchange for the 2016-2021. The sampling technique used was a purposive sampling method, which obtained a sample of 41 companies. The type of data used is secondary data obtained from the company’s annual report on the Indonesia Stock Exchange. The data analysis in this study used multiple regression analysis. The results showed that all independent variables simultaneously affected firm value. But partially, capital structure, hedging decisions, and managerial ownership do not have a significant effect on firm value, while profitability has a significant effect on firm value.

Paper Citation

in Harvard Style

Fitri A., Rachmawati E., Sinamo H. and Saputra R. (2023). Determinants of Firm Value on Mining Companies in Indonesia. In Proceedings of the 2nd Maritime, Economics and Business International Conference - Volume 1: MEBIC; ISBN 978-989-758-704-7, SciTePress, pages 187-194. DOI: 10.5220/0012697200003798

in Bibtex Style

@conference{mebic23,
author={Annisa Fitri and Eka Rachmawati and Hasiholan Sinamo and Randi Saputra},
title={Determinants of Firm Value on Mining Companies in Indonesia},
booktitle={Proceedings of the 2nd Maritime, Economics and Business International Conference - Volume 1: MEBIC},
year={2023},
pages={187-194},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012697200003798},
isbn={978-989-758-704-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd Maritime, Economics and Business International Conference - Volume 1: MEBIC
TI - Determinants of Firm Value on Mining Companies in Indonesia
SN - 978-989-758-704-7
AU - Fitri A.
AU - Rachmawati E.
AU - Sinamo H.
AU - Saputra R.
PY - 2023
SP - 187
EP - 194
DO - 10.5220/0012697200003798
PB - SciTePress