The Effect of Financial Performance, Leverage and Company Size on Company Value in the Food and Beverage Manufacturing Sector

IF 1 Q4 BUSINESS

International Journal of Asian Business and Information Management Pub Date : 2023-06-28 DOI:10.55927/ijabm.v2i3.4162

Noviyati, Wulandari Agustiningsih

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引用次数: 0

Abstract

This study's objective is to empirically establish whether financial performance, leverage, and firm size have a partial or simultaneous impact on firm value for the Food and Beverage Manufacturing companies listed on the Indonesia Stock Exchange between 2018 and 2020. Financial success as determined by ROA, leverage as determined by DER, and company size as determined by Size—as well as one dependent variable—firm value as measured by PBV—make up this study. There are 23 companies in this study that fit the requirements and have a combined revenue of 69 financial statements in Between 2018 and 2020, businesses in the food and beverage industry listed on the Indonesia Stock Exchange (IDX). According to the research, a firm's financial performance increases its value. In light of the fact that the Leverage variable has an impact on company value, firm size positively affects the worth of the company. Based on the study's findings, it can be said that financial performance, leverage, and firm size all affect corporate value simultaneously food and beverage sector in 2018-2020

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餐饮制造业财务绩效、杠杆率和公司规模对公司价值的影响

本研究的目的是实证地确定财务绩效、杠杆和公司规模是否对2018年至2020年在印度尼西亚证券交易所上市的食品和饮料制造公司的公司价值产生部分或同时的影响。由ROA决定的财务成功、由DER决定的杠杆、由规模决定的公司规模，以及一个因变量——由pbv衡量的公司价值，构成了这项研究。在本研究中，有23家公司符合要求，在2018年至2020年期间，在印度尼西亚证券交易所(IDX)上市的食品和饮料行业企业的总营收为69份财务报表。根据这项研究，一个公司的财务业绩会增加它的价值。鉴于杠杆变量对公司价值有影响，公司规模对公司价值有正向影响。根据研究结果，可以说财务绩效、杠杆和公司规模在2018-2020年同时影响着食品和饮料行业的企业价值

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来源期刊

International Journal of Asian Business and Information Management BUSINESS-

CiteScore

2.80

自引率

0.00%

发文量

期刊介绍： The mission of the International Journal of Asian Business and Information Management (IJABIM) is to establish an effective channel of communication between academic and research institutions, policy makers, government agencies, and individuals concerned with the complexities of Asian business, information technologies, sustained development, and globalization. IJABIM promotes and coordinates developments in the field of Asian and Chinese studies, as well as presents strategic roles of IT and management towards sustainable development with emphasis on practical aspects in Asia. It is especifically focused on Central Asia/Himalayan region/Southeast Asia/Far East.