Determinants of Firm Value in the Banking Sector: Random Effects Model

Sugianto, Sugianto; Oemar, Fahmi; Hakim, Luqman; Endri, Endri

Maximum company value is the banking goal desired by shareholders. This study aims to identify the determinants of profitability and its implications for the value of banking companies in Indonesia. The study population was 42 banks listed on the Indonesia Stock Exchange during the period 2010-2015, while 27 banks were taken as research samples. The sampling technique was done by purposive sampling, and analysed by the random effects regression panel model. Empirical findings prove that NPL ratio factors affect firm value, while other factors namely; Company growth (FG), CAR, Loans (LDR), BOPO, DPK Growth (DG) and profitability partially do not affect the value of the company (Tobin's Q), but affect the value of the company (Tobin's Q) together.

Detail Information

Tahun: 2020
Bahasa: en
Last Updated: 2024-05-13T06:42:29Z

Subjects / Keywords

HB Economic Theory HC Economic History and Conditions

Akses Dokumen

Unduh PDF

Hak Cipta & Lisensi

Konten ini bersumber dari Repositori Institusi Kemendikdasmen.

Hak cipta dimiliki oleh institusi pencipta karya. Dilisensikan di bawah Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0).

Metadata di-harvest melalui protokol OAI-PMH sesuai SK Sekjen Kemendikbudristek No. 18/M/2022.