Pengaruh Manajemen Risiko, Intellectual Capital, Profitabilitas dan Ukuran Perusahaan Terhadap Nilai Perusahaan: pada perusahaan sub sektor farmasi yang terdaftar di IDX Industrial Classification tahun 2018 - 2022

Lidiya Aprilia; Dwi Urip  Wardoyo

doi:10.33395/owner.v8i1.1841

Authors

Lidiya Aprilia Telkom University
Dwi Urip Wardoyo Telkom University

DOI:

10.33395/owner.v8i1.1841

Keywords:

risk management, intellectual capital, profitability, firm size, firm value

Abstract

Firm value is an investor's view of the company as seen through the stock price, the higher the stock price, it will indicate that the company has a high corporate value. That’s urgents of pharmaceuticals company to maintain company value. On the other hand, company value attracts potential investors to invest and increase public confidence in using the company's products. Finding effect of risk management, intellectual capital, profitability and company size on firm value in pharmaceutical sub-sector companies listed on the IDX Industry Classification for 2018 – 2022. This research uses quantitative methods. Data obtained from financial reports. The population used is the pharmaceutical sub-sector companies listed on the IDX Industry Classification of 12 companies. The data was processed using a purposive sampling technique. There is 9 companies for the period 2018 – 2022, so that 45 observations were obtained. The analytical method used is panel data regression analysis. Results of this study indicate that intellectual capital has a positive effect and company size has a negative effect on firm value. While risk management and profitability have no effect on firm value

Downloads

Download data is not yet available.

Plum-X Analityc

Author Biography

Dwi Urip Wardoyo, Telkom University

References

Ardianto, D., & Rivandi, M. (2018). Pengaruh Enterprise risk management disclosure, intellectual capital disclosure dan struktur pengelolaan terhadap nilai perusahaan. Profita: Komunikasi Ilmiah Akuntansi Dan Perpajakan Vol. 11 No. 2 | Agustus 2018 p-ISSN:, 3(1), 10–27. https://medium.com/@arifwicaksanaa/pengertian-use-case-a7e576e1b6bf

Bangun, N. (2018). Pengaruh Perputaran Persediaan, Perputaran Piutang Dan Modal Intelektual Terhadap Profitabilitas Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia (Bei) Periode 2014 – 2016 (Penelitian Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di B. Jurnal Ekonomi, 23(2), 226–239. https://doi.org/10.24912/je.v23i2.370

Dang, H. N., Nguyen, T. T. C., & Tran, D. M. (2020). The impact of earnings quality on firm value: The case of Vietnam. Journal of Asian Finance, Economics and Business, 7(3), 63–72. https://doi.org/10.13106/jafeb.2020.vol7.no3.63

Dwiastuti, D. S., & Dillak, V. J. (2019). Pengaruh Ukuran Perusahaan, Kebijakan Hutang, dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal ASET (Akuntansi Riset), 11(1), 137–146. https://doi.org/10.17509/jaset.v11i1.16841

Ginting, M. C., & Sagala, L. (2020). Pengaruh Modal Intelektual terhadap Nilai Perusahaan. Jurnal Manajemen, 6(2), 91–100. http://ejournal.lmiimedan.net

Hapsari, D. W., Yadiati, W., Suharman, H., & Rosdini, D. (2021). Intellectual Capital and Environmental Uncertainty on Firm Performance: The mediating role of the value chain. Quality - Access to Success, 22(185), 169–176. https://doi.org/10.47750/QAS/22.185.23

Iswajuni, I., Manasikana, A., & Soetedjo, S. (2018). The effect of enterprise risk management (ERM) on firm value in manufacturing companies listed on Indonesian Stock Exchange year 2010-2013. Asian Journal of Accounting Research, 3(2), 224–235. https://doi.org/10.1108/AJAR-06-2018-0006

Jihadi, M., Vilantika, E., Hashemi, S. M., Arifin, Z., Bachtiar, Y., & Sholichah, F. (2021). The Effect of Liquidity, Leverage, and Profitability on Firm Value: Empirical Evidence from Indonesia. Journal of Asian Finance, Economics and Business, 8(3), 423–431. https://doi.org/10.13106/jafeb.2021.vol8.no3.0423

Milawati, & Fidiana. (2019). Pengaruh manajemen risiko, profitabilitas, dan ukuran perusahaan terhadap nilai perusahaan. Jurnal Ilmu Dan Riset Akuntansi, 8(3), 1–16.

Muslih, M., & Mulyaningtyas, C. T. (2019). Pengaruh Corporate Governance, Kompetisi dan Karakteristik Perusahaan Terhadap Pengungkapan Risiko Perusahaan. Jurnal ASET (Akuntansi Riset), 11(1), 179–188. https://doi.org/10.17509/jaset.v11i1.17303

Nguyen, A. H., & Doan, D. T. (2020). The impact of intellectual capital on firm value: Empirical evidence from Vietnam. International Journal of Financial Research, 11(4), 74–85. https://doi.org/10.5430/ijfr.v11n4p74

Nur Aulia, A., Indah Mustikawati, R., & Hariyanto, S. (2020). Profitabilitas, Ukuran Perusahaan Dan Intellectual Capital Terhadap Nilai Perusahaan. Jurnal Riset Mahasiswa Manajemen, 6(1), 1–7. https://doi.org/10.21067/jrmm.v6i1.4463

Oktaviani, M., Rosmaniar, A., & Hadi, S. (2019). Pengaruh Ukuran Perusahaan (Size) Dan Struktur Modal Terhadap Nilai Perusahaan. BALANCE: Economic, Business, Management and Accounting Journal, 16(1). https://doi.org/10.30651/blc.v16i1.2457

Setiawan, M. R., Susanti, N., & Nugraha, N. M. (2021). Pengaruh Struktur Modal, Perputaran Modal Kerja, dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Owner, 5(1), 208–218. https://doi.org/10.33395/owner.v5i1.383

Shenurti, E., Erawati, D., & Nur Kholifah, S. (2022). Analisis Return on Asset (ROA) , Return on Equity (ROE) dan Corporate Social Responsibility (CSR) yang mempengaruhi Nilai Perusahaan pada Perusahaan Manufaktur. Jurnal Akuntansi Dan Manajemen, 19(01), 01–10. https://doi.org/10.36406/jam.v19i01.

Sintyana, I. P. H., & Artini, L. G. S. (2019). Pengaruh Profitabilitas, Struktur Modal, Ukuran Perusahaan Dan Kebijakan Dividen Terhadap Nilai Perusahaan. E-Jurnal Manajemen Universitas Udayana, 8(2), 757. https://doi.org/10.24843/ejmunud.2019.v08.i02.p07

Siswanti, I., Sitepu, C. N. B., Butarbutar, N., Basmar, E., Saleh, R., Sudirman, Mahyuddin, Parinduri, L., & Prasasti, L. (2020). Manajemen Risiko Perusahaan. Yayasan Kita Menulis.

Subaida, I., Nurkholis, N., & Mardiati, E. (2018). Effect of Intellectual Capital and Intellectual Capital Disclosure on Firm Value. Jurnal Aplikasi Manajemen, 16(1), 125–135. https://doi.org/10.21776/ub.jam.2018.016.01.15

Ticoalu, R., Januardi, J., Firmansyah, A., & Trisnawati, E. (2021). Nilai Perusahaan, Manajemen Risiko, Tata Kelola Perusahaan: Peran Moderasi Ukuran Perusahaan. Studi Akuntansi Dan Keuangan Indonesia, 4(2), 89–103. https://doi.org/10.21632/saki.4.2.89-103

Wulandari, C., & Efendi, D. (2022). Pengaruh Profitabilitas terhadap Nilai Perusahaan DENGAN Corporate Social Responsibility sebagai variabel moderasi. Jurnal Ilmu Dan Riset Akuntansi, 1(2). https://doi.org/10.55182/jnp.v1i2.36

Yanti, I. G. A. D. N., & Darmayanti, N. P. A. (2019). Pengaruh Profitabilitas, Ukuran Perusahaan, Leverage Dan Likuiditas Terhadap Nilai Perusahaan. E-Jurnal Manajemen, 2(8). https://doi.org/10.24912/jpa.v2i1.7165

Yudanti, A. F., & Wardoyo, D. U. (2022). Pengaruh Return On Asset Dan Debt To Equity Ratio Terhadap Nilai Perusahaan. 20(1), 105–123.