Firm Size And Financial Performance On Value Of Banking Companies

Yantri Ulul Azmi, Lilis Setyowati
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Abstract

This research aims to analyze the influence of financial performance on company value in banking sub-sector companies listed on the Indonesia Stock Exchange (IDX) for the 2018-2021 period. The data used is secondary data in quantitative form in the form of annual financial reports. The sampling method used purposive sampling, which resulted in a sample of 43 companies. The analytical method used is multiple linear regression analysis. Company size is proxied by SIZE, liquidity is proxied by a loan-to-asset ratio (LAR), profitability is proxied by operating costs and operating income (OCOI), and leverage is proxied by capital adequacy ratio (CAR) as an independent variable, company value is measured using price-to-book value (PBV) as the dependent variable. The results of this research show that company size does not have a significant effect on company value. In contrast, loan-to-asset ratio (LAR), operational costs and operating income (OCOI), and capital adequacy ratio (CAR) positively and significantly affect company value. This research provides practical implications that company value can be used as a measure of the success of company management in future operational prospects to create trust for company shareholders.
企业规模和财务绩效对银行公司价值的影响
本研究旨在分析2018-2021年期间在印度尼西亚证券交易所(IDX)上市的银行子行业公司的财务绩效对公司价值的影响。所使用的数据为年度财务报告形式的量化二手数据。抽样方法采用目的性抽样,共选取43家公司作为样本。分析方法为多元线性回归分析。公司规模由size代表,流动性由贷款与资产比率(LAR)代表,盈利能力由运营成本和运营收入(OCOI)代表,杠杆率由资本充足率(CAR)作为自变量代表,公司价值以市净率(PBV)作为因变量衡量。本研究结果表明,公司规模对公司价值的影响不显著。相反,贷款与资产比率(LAR)、经营成本与营业收入(OCOI)和资本充足率(CAR)对公司价值有显著的正向影响。本研究提供了实际意义,公司价值可以作为衡量公司管理层在未来经营前景中的成功程度,以创造对公司股东的信任。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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11
审稿时长
16 weeks
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