Skip to content
Research Article Open access CC BY 4.0

Increasing Company Value in Times of Environmental Uncertainty

Heru Sulistiyo, Sutono, Sodikin Manaf

Asian Journal of Economics, Business and Accounting · pp. 169–178 · Published 12 Dec 2023

10.9734/ajeba/2023/v23i231179

Abstract

Aims: This study tries to enhance the company's value by influencing the company's size, leverage and profitability on property and real estate business listed on the Indonesia Stock Exchange in times of uncertainty in a high environment. Study Design: Correlational. Place and Duration of Study: property and real estate business listed on the Indonesia Stock Exchange in 2021-2022. Methodology: Population study This property and real estate business is listed on the Indonesia Stock Exchange; in 2021, there will be 76 companies, and in 2022, there will be 85 companies, totalling 161. As for the sample determined based on the method census, however, after the Normality test was carried out, there were 45 outlier data, so the sample end is 116. Data in study This was collected with method studies documentation and analysis using a solved structural equation model with SPSS 24. Results: Research shows that the company's size influences the company's profitability, leverage and profitability influence the value company, and profitability mediation influences the company's size to the value company. Conclusion: The research contributes to signal theory by providing empirical evidence of the influence of company size, leverage and profitability on company value during times of high environmental uncertainty.

Size leverage profitability and company value

References (25)

  1. 1 Fundamentals of Financial Management. [DOI]
  2. 2 An analysis of Australian company carbon emission disclosures [DOI]
  3. 3 The Effect of Liquidity, Leverage, and Profitability on Firm Value: Empirical Evidence from Indonesia [DOI]
  4. 4 The Effect of Profitability, Liquidity, Leverage and Firm Growth of Firm Value with its Dividend Policy as a Moderating Variable [DOI]
  5. 5 The Effects of Liquidity, Firm Size, and Profitability on the Firm Value with Mediating Leverage [DOI]
  6. 6 EFFECT OF PROFITABILITY, LEVERAGE, AND LIQUIDITY TO THE FIRM VALUE [DOI]
  7. 7 INFLUENCE OF FIRM SIZE, LEVERAGE, PROFITABILITY, AND DIVIDEND POLICY ON FIRM VALUE OF COMPANIES IN INDONESIA STOCK EXCHANGE [DOI]
  8. 8 The Effect of Firm Size, Profitability, and Liquidity on The Firm Value Moderated by Carbon Emission Disclosure [DOI]
  9. 9 The Effect of Dividend Policy, Investment Decision, Leverage, Profitability, and Firm Size on Firm Value [DOI]
  10. 10 The Effect of Capital Structure and Firm Size on Firm Value Through Profitability as Intervening Variable [DOI]
  11. 11 Firm Size, Firm Age, and Firm Profitability: Evidence from China [DOI]
  12. 12 Examining the Firm Value Based on Signaling Theory [DOI]
  13. 13 International Pragmatic Review and Assessment of Capital Structure Determinants [DOI]
  14. 14 The Role of Profitability in Mediating the Effect of Dividend Policy and Company Size on Company Value [DOI]
  15. 15 The THE EFFECT OF PROFITABILITY, FIRM SIZE, EQUITY OWNERSHIP AND FIRM AGE ON FIRM VALUE (LEVERAGE BASIS): Evidence from the Indonesian Manufacturer Companies [DOI]
  16. 16 The Influence of Capital Structure to the Firm Value with Profitability As Intervening Variables [DOI]
  17. 17 International Conference of Organizational Innovation
  18. 18 Determinants of firm value with profitability as intervening variables [DOI]
  19. 19 Small-Firm Uniqueness and Signaling Theory
  20. 20 The Effect of Firm's Age, Size and Growth on Its Profitability: Evidence from Jordan [DOI]
  21. 21 International Journal of Economics and Financial Issues [DOI]
  22. 22 Global Journal of Management and Business Research [DOI]
  23. 23 The American Journal of Humanities and Social Sciences Research [DOI]
  24. 24 Is a Global Recession Imminent? [DOI]
  25. 25 Asian Management and Business Review [DOI]

Cited by 0

No indexed citations yet.

Related research

Article metrics

Real usage data collected on this platform.

12

Page views

0

PDF downloads

0

Outbound clicks

0

Citations

Views over time

Views by country

Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".

Traffic sources

Referring site, by host.

Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.