The Effect of Investment Decision, Funding Decision, and Profitability on the Firm Value of Consumer Goods Industry Registered in Indonesia Stock Exchange During 2017-2020

DOI

10.2991/aebmr.k.220501.084How to use a DOI?

Keywords

Investment decision; funding decision; profitability; firm value

Abstract

This research was conducted to find out whether 1) investment decision can affect the firm value 2) funding decision can affect the firm value 3) profitability can affect the firm value 4) investment decision, funding decision, and profitability can affect the firm value simultaneously. The research observations were 92 companies from the sample of 23 consumer goods industries listed on the Indonesia Stock Exchange in 2017- 2020 using the purposive sampling technique. The research method used is multiple regression analysis on panel data with a fixed-effect model and processed using the EViews 10.0 software. The result shows all three variables can affect the firm value simultaneously, investment decision has a positive and significant effect on the firm value, funding decision has a positive and significant effect on the firm value, and profitability has a positive and insignificant effect on the firm value.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Carelia Sherine
AU  - Hendra Wiyanto
AU  - Herlina Budiono
PY  - 2022
DA  - 2022/05/11
TI  - The Effect of Investment Decision, Funding Decision, and Profitability on the Firm Value of Consumer Goods Industry Registered in Indonesia Stock Exchange During 2017-2020
BT  - Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)
PB  - Atlantis Press
SP  - 552
EP  - 559
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220501.084
DO  - 10.2991/aebmr.k.220501.084
ID  - Sherine2022
ER  -