The Influence of Financial Aspects on the Valuation of Telecommunication Issuers on the IDX (Period 2018-2022)

Keywords: Profitability, Firm Size, and Capital Structure on Company value

Abstract

Businesses now have to continuously compete to stay in business due to the ever-accelerating flow of information and technological improvements that increase economic competitiveness. Finding out how capital structure, business size, and profitability impact telecom companies listed on the IDX between 2018 and 2022 is the aim of this study. Research using quantitative methods is the approach adopted. Financial reports stored on the IDX serve as the study's secondary data source. Purposive sampling was the method used to choose the study's sample. Nine companies with a total of five years of observation satisfied the criteria to be utilized as samples, hence 45 observation samples were used in this study. The study's findings indicate that a company's valuation is influenced by its size, profitability, and financial structure. A company's value is influenced simultaneously by its size, profitability, and capital structure.

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Author Biography

Enny Istanti, UNIVERSITAS BHAYANGKARA SURABAYA
Fakultas Ekonomi dan Bisnis

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Published
2024-10-31