Title: INFLUENCE FACTORS OF COMPANY VALUE IN TECHNOLOGY SECTOR
Authors:
Rio Reyno Elia, Sufyati, H.S and Etty Puji Lestari
Abstract:
Factors that affected Company Value in this research are Managerial Ownership (KM), Institutional Ownership (KI), Debt Policy (DER), Dividend Policy (DPR), Company Size (UP) and Return on Equity (ROE) peroxide as the independent variable and Company Value (PBV) as the dependent variable. This research aims to analyze the effect of Managerial Ownership (KM), Institutional Ownership (KI), Debt Policy (DER), Dividend Policy (DPR), Company Size (UP) and Return on Equity (ROE) to Company Value (PBV) of technology sector companies at Indonesia Stock Exchange (IDX) period 2010–2020. The method of analysis used panel data regression analysis. The result shows that Company size and ROE had significant positive effect to PBV. While KM, KI, DER and DPR show has no significant with negative effect to PBV. The results of this study are align with the theory that the larger the size of the company, the greater the investor’s confidence to the company’s ability to generate profits. The results of this research support the hypothesis if company size has a positive significant effect to PBV. The results of this research support the hypothesis if ROE has a positive significant effect to PBV and it shows that significantly company able to manage and optimize the equity to make profit.
Keywords: Capital Structure, Company Size, Debt Policy, Dividend, Equity, Ownership.
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