PENGARUH PERTUMBUHAN PERUSAHAAN, LEVERAGE, KEPUTUSAN INVESTASI, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine and find out the empirical evidence of the effect of companies’ growth which was referred as Asset Growth (AG), leverage referred to as Debt to Equity Ratio (DER), investment decisions referred to Price to Earning Ratio (PER), and firm size referred to as logarithm natural if total asset (Size); on the firm value that referred to aPrice to Book Value (PBV). The research was quantitative. The population was banking companies listed on the Indonesia Stock Exchange (IDX) during 2020-2022. Moreover, the data collection technique used puposive sampling. In line with that, there were 32 companies as the sample. The data were taken for 3 years. In total, there were 96 data samples. Futhermore, the data analysis technique used multiple linear regression with SPSS. The result showed that growth had a positive and significant effect on firm value. However, leverage did not affect firm value. On the other hand, investment decisions had a positive and significant effect on firm value. In contrast, the firm size did not affect firm value.