The Effect of Firm Size, Profitability, Audit Committee, and Other Factors to Firm Value

Indra Arifin Djashan ()
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Indra Arifin Djashan: STIE Trisakti, Jl. Kyai Tapa No. 20, Grogol, 11440, Jakarta, Indonesia Author-2-Name: Yosua Agustinus Author-2-Workplace-Name: STIE Trisakti, Jl. Kyai Tapa No. 20, Grogol, 11440, Jakarta, Indonesia Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:

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Abstract: Objective - This study aims to identify the effect of firm size, profitability, audit committee and other factors on firm value.Methodology/Technique - The population in this study are all non-financial companies on the Indonesian Stock Exchange from 2015 to 2017. The research sample of 403 companies was selected using a purposive sampling method with certain criteria so that a total sample of 180 companies was obtained. Data testing techniques using multiple linear regression with a significance level of 5% alpha.Finding - The results show that firm size has a negative effect on firm value while company growth, profitability, liquidity, tangible fixed assets, audit committee and board size all have a significant effect on firm value. Simultaneously, all independent variables have a positive effect on firm value. The coefficient of determination shows that the effect of the independent variable on the dependent variable is 55.9% and the rest is influenced by other factors.Type of Paper - Empirical.

Keywords: Audit Committee; Firm Value; Company Growth; Profitability; Liquidity; Board Size. (search for similar items in EconPapers)
JEL-codes: M41 M42 M49 (search for similar items in EconPapers)
Pages: 6
Date: 2020-03-31
New Economics Papers: this item is included in nep-acc, nep-cfn, nep-eff and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Accounting and Finance Review, Volume 5, Issue 1

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