The Influence of Company Growth, Profitability, Leverage, and Inflation on the Value of Energy Sector Companies

Authors

  • Intan Rizki Arinta Putri Universitas Negeri Jakarta Author
  • I Gusti Ketut Agung Ulupui Universitas Negeri Jakarta Author
  • Hera Khairunnisa Universitas Negeri Jakarta Author

DOI:

https://doi.org/10.56442/m74wk738

Keywords:

Price to Book Value, Company Growth, Profitability, Leverage, Inflation

Abstract

This research aims to determine the effect of company growth (GPG), profitability (NPM), leverage (DER), and inflation (IHK) partially affect company value on the IDX. The period used in this research is three years, starting from 2020-2022. This research uses a quantitative approach with sampling techniques using purposive sampling methods. The population in this research is all energy sector companies that have been and are still registered on the IDX for the 2020-2022 period. A total of 76 companies and 50 companies were obtained as research samples. Data were analyzed using multiple linear regression analysis. The data analysis technique used in analyzing data is Eviews 13. Based on the results of data analysis, partially, there is a significant influence on profitability and leverage on company value, and there is an insignificant influence of company growth and inflation on company value on the Indonesian Stock Exchange.

Downloads

Download data is not yet available.

Author Biography

  • Intan Rizki Arinta Putri, Universitas Negeri Jakarta

    Accounting

References

Ali, J., Faroji, R., & Ali, O. (2021). Pengaruh Profitabilitas Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi Di Bursa Efek Indonesia Tahun 2017-2019). Jurnal Neraca Peradaban, 1(2), 128–135.

Ardatiya, E., Kalsum, U., & Kosim, B. (2022). Pengaruh Keputusan Investasi, Keputusan Pendanaan, dan Kebijakan Dividen Terhadap Nilai Perusahaan. Jurnal Manajemen Bisnis Dan Keuangan, 3(2), 71–82. https://doi.org/10.51805/jmbk.v3i2.61

Arianti, B. F. (2022). Pengaruh Struktur Modal , Pertumbuhan Penjualan Dan Keputusan Investasi Terhadap Nilai Perusahaan Pendahuluan. Gorontalo Accounting Journal, 5(1), 1–10. https://doi.org/10.32662/gaj.v5i1.1845

Bagaskara, R. S., Titisari, K. H., & Dewi, R. R. (2021). Pengaruh profitabilitas , leverage , ukuran perusahaan dan kepemilikan manajerial terhadap nilai perusahaan The effect of profitability , leverage , firm size and managerial ownership on firm value. Forum Ekonomi, 23(1), 29–38.

Febriana, I., & Sitorus, N. H. (2017). Uang, Suku Bunga, dan Inflasi. (A. Creative, Ed.). Bandar Lampung: AURA.

Handayani, W., & Oktavia, S. (2018). Effect of Rupiah Exchange Rate, GDP Growth, and Dow Jones Index on Composite Stock Price Index in Indonesia Stock Exchange. Journal of Accounting and Strategic Finance, 1(01), 23–32. https://doi.org/10.33005/jasf.v1i01.24

Jusriani, I. F., & Rahardjo, S. N. (2013). Analisis Pengaruh Profitabilitas, Kebijakan Dividen, Kebijakan Utang, dan Kepemilikan Manajerial Terhadap Nilai Perusahaan. Diponegoro Journal of Accounting, 2(2), 1–10. Retrieved from http://ejournal-s1.undip.ac.id/index.php/accounting

Kasmir. (2012). Analisis Laporan Keuangan (1st ed.). PT Rajagrafindo Persada.

Lintang, D. L., Mangantar, M., & Baramuli, D. N. (2019). Pengaruh Tingkat Inflasi Dan Tingkat Nilai Tukar Rupiah Terhadap Harga Saham Perusahaan Manufaktur Sektor Industri Barang Konsumsi Di Bursa Efek Indonesia Periode 2013-2017 the Effects of Inflation Rate and Rupiah Exchange Rate on Stock Price of Manufactu. Pengaruh… 2791 Jurnal EMBA, 7(3), 2791–2800.

Maduma, T., & Naibaho, E. A. B. (2022). Pengaruh Tax Avoidance dan Profitabilitas terhadap Nilai Perusahaan dengan Kebijakan Dividen sebagai Variabel Moderasi. Reslaj : Religion Education Social Laa Roiba Journal, 4(5), 1181–1193. https://doi.org/10.47467/reslaj.v4i5.1077

Maharani, Y. A., & Mawardhi, W. (2022). Pengaruh Profitabilitas, Firm Size, dan Growth Terhadap Nilai Perusahaan dengan Struktur Modal Sebagai Variabel Intervening (Studi Kasus Pada Perusahaan Food And Beverage Yang Terdaftar Pada Bursa Efek Indonesia Tahun 2015-2020). Diponegoro Journal of Management, 11(1), 1–12.

Marthen, K. H., & Suwarti, T. (2023). Pengaruh Kebijakan Deviden, Hutang, Profitabilitas, Pertumbuhan Perusahaan dan Kepemilikan Manajerial Terhadap Nilai Perusahaan pada Perusahaan Manufaktur Di Bursa Efek Indonesia. J-MAS (Jurnal Manajemen Dan Sains), 8(1), 181. https://doi.org/10.33087/jmas.v8i1.948

Munzir, M., Andriyan, Y., & Hidayat, R. (2023). Consumer Goods: Pengaruh Profitabilitas dan Leverage Terhadap Nilai Perusahaan Dimediasi oleh Corporate Social Responsibility. Jurnal Akuntansi Dan Governance, 3(2), 153. https://doi.org/10.24853/jago.3.2.153-165

Nagayu, E. C., & Mujiyati. (2022). Pengaruh Keputusan Investasi, Keputusan Pendanaan, Kebijakan Dividen, Profitabilitas, Dan Ukuran Dewan Komisaris Terhadap Nilai Perusahaan. E-QIEN Jurnal Ekonomi Dan Bisnis, 10(1), 428–473.

Nursalim, A. B., Rate, P. Van, & Baramuli, D. N. (2021). Pengaruh Inflasi, Profitabilitas, Solvabilitas dan Ratio Aktivitas Terhadap Nilai Perusahaan Sektor Manufaktur Periode 2015-2018. Jurnal EMBA, 9(4), 559–571.

Putri, A. S., & Miftah, D. (2021). Pengaruh Intellectual Capital, Leverage, Profitabilitas, Dan Likuiditas Terhadap Nilai Perusahaan. CURRENT: Jurnal Kajian Akuntansi Dan Bisnis Terkini, 2(2), 259–277. https://doi.org/10.31258/jc.2.2.259-277

Rostanti, M., & Effendi, M. S. (2019). Pengaruh Return on Equity, Debt to Equity Ratio, Current Ratio dan Inflasi Terhadap Nilai Perusahaan Sektor Property dan Real Estate yang Tercatat di Bursa Efek Indonesia Periode 2011- 2018. Ikra-Ith Ekonomika, 2(3), 111–121. Retrieved from file:///C:/Users/User/AppData/Local/Temp/659-Article Text-961-1-10-20191114-1.pdf

Suastika, P., Sunarwijaya, K., & Santana putra adiyandnya, M. (2022). Analisis Faktor-Faktor yang Mempengaruhi Nilai Perusahaan. Jurnal Kharisma, 4(1), 75–84. https://doi.org/10.55601/jwem.v11i2.784

Yusmaniarti, & Dkk. (2021). Pengaruh Pertumbuhan Perusahaan , Solvabilitas Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Property Dan Real Estate Indonesia Terdaftar Di Bursa Efek Indonesia. EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi Dan Bisnis, 9(2), 145–160. Retrieved from https://jurnal.unived.ac.id/index.php/er/article/view/1296/1128

Downloads

Published

2024-03-01

How to Cite

The Influence of Company Growth, Profitability, Leverage, and Inflation on the Value of Energy Sector Companies. (2024). Journal of Business Innovation and Accounting Research, 1(2), 122-132. https://doi.org/10.56442/m74wk738