Open AccessDeterminant of Firm’s Value: Evidence of Manufacturing Sectors Listed In Indonesia Shariah Stock Index
Author(s) -
Endri Endri
Publication year - 2019
Publication title -
international journal of recent technology and engineering
Language(s) - English
Resource type - Journals
ISSN - 2277-3878
DOI - 10.35940/ijrte.c5258.098319
Subject(s) - profitability index , panel data , business , index (typography) , manufacturing , accounting , value (mathematics) , regression analysis , investment (military) , audit , enterprise value , variables , finance , econometrics , economics , marketing , statistics , politics , mathematics , world wide web , computer science , political science , law
The purpose of this research is to analyzes the effects of managerial ownership, audit committees, investment opportunities, profitability, and corporate social responsibility (CSR) on the value of manufacturing companies. Analysis of the factors affecting the value of manufacturing companies using the aplication of panel data regression model with the e-views 9 and Microsoft excel. This research uses data obtained from a manufacturing account of the manufacturing company registered in the Indonesia Sharia Stocks Index (ISSI) period of 2011-2017. Studies show that the most appropriate selection of models for the data panel's regression is a fixed effect model with the result of research that managerial ownership, profitability, and CSR have no significant effect on the value of manufacturing companies, while the variable committee's variables and investment opportunities have significant to the value of the company listed on ISSI period of 2011-2017.