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Capital Expenditure, Leverage, Good Corporate Governance, Corporate Social Responsibility: Pengaruhnya Terhadap Nilai Perusahaan

Year: 2017

Type: article

Abstract: This study aims to investigate the effects of capital expenditure, leverage, managerial ownership, institutional ownership, and corporate social responsibility on firm value.We use Tobin's Q as the proxy of firm value.Our sample firms are 11 mining firms listed in the Indonesian Stock Exchange for years 2011-2014.We generate our date from the official website of the Indonesian Stock Exchange.We run the multiple linear regression to analyze our data statistically.The results show that all independent variables simultaneously affect corporate value.Individual results indicate that managerial ownership (leverage) positively (negatively) affects firm value.However, other independent variables (institutional ownership and CSR) exhibit no significant influence on firm value.

Source: Jurnal Ekonomi dan Bisnis

DOI: 10.24914/jeb.v20i2.691

Authors: Noni Aisyah Sofiamira, Nadia Asandimitra Haryono

Institution: Universitas Negeri Surabaya

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: gold

Estimated APC paid: $65

OpenAlex ID: W2765130339

FWCI: 5.316

Cites: 34

Cited by: 32

Related to: 10