IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-140-1_18.html

Return on Assets as an Intervening Variable: Analysis of Factors Affecting Firm Value?

In: Proceedings of the 2022 Brawijaya International Conference (BIC 2022)

Author

Listed:
  • Ade Gunawan

    (Universitas Muhammadiyah Sumatera Utara)

  • M. Firza Alpi

    (Universitas Muhammadiyah Sumatera Utara)

Abstract

The samples used in this study were all pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) for the 2016–2020 period using the purposive sampling method. There are 8 pharmaceutical companies selected as samples. The data analysis method used is Path Analysis, where Path Analysis is the development of multiple linear regression. Based on the results of data analysis, it was found that TATO had an insignificant negative effect on Firm Value, CR had a significant positive effect and a negative direction on Firm Value, ROA had an insignificant negative effect on Firm Value, TATO had an insignificant negative effect on ROA, CR had an insignificant negative effect on ROA.

Suggested Citation

  • Ade Gunawan & M. Firza Alpi, 2023. "Return on Assets as an Intervening Variable: Analysis of Factors Affecting Firm Value?," Advances in Economics, Business and Management Research, in: Yusfan Adeputera Yusran & Femiana Gapsari Madhi Fitri & Titin Andri Wihastuti & Fajar Ari Nugroho & (ed.), Proceedings of the 2022 Brawijaya International Conference (BIC 2022), pages 173-185, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-140-1_18
    DOI: 10.2991/978-94-6463-140-1_18
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-140-1_18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.