IDEAS home Printed from https://ideas.repec.org/p/osf/osfxxx/qm62a.html
   My bibliography  Save this paper

Determining Firm Value in the Indonesian Banking Sub Sector

Author

Listed:
  • Medyawati, Henny
  • Yunanto, Muhamad

Abstract

This study aims to find the most appropriate model for analysing the effect of financial performance, dividend policy, interest rates and the rupiah exchange rate on firm value. The research sample includes the banking sub-sector companies listed on the IDX in 2013-2019. The research method used is purposive sampling to analyse the panel data. The variables used in this study are the company value as measured by Price to Book Value (PBV), financial performance is measured by Return on Assets (ROA), dividend policy is measured by Dividend Pay-out Ratio (DPR), interest rate is measured by BI interest rate, and the rupiah exchange rate is measured by the middle rate. The results show that ROA and exchange rate affect firm value. The appropriate model used in this study is the random effect model.

Suggested Citation

  • Medyawati, Henny & Yunanto, Muhamad, 2021. "Determining Firm Value in the Indonesian Banking Sub Sector," OSF Preprints qm62a, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:qm62a
    DOI: 10.31219/osf.io/qm62a
    as

    Download full text from publisher

    File URL: https://osf.io/download/607903f10c818200b7516180/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/qm62a?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. zulfikar, rizka, 2018. "Estimation Model And Selection Method Of Panel Data Regression : An Overview Of Common Effect, Fixed Effect, And Random Effect Model," INA-Rxiv 9qe2b, Center for Open Science.
    2. Hesti Setyorini Pamungkas & Abriyani Puspaningsih, 2013. "Pengaruh Keputusan Investasi, Keputusan Pendanaan, Kebijakan Dividen Dan Ukuran Perusahaan Terhadap Nilai Perusahaan," Jurnal Akuntansi dan Auditing Indonesia, Accounting Department, Faculty of Business and Economics, Universitas Islam Indonesia, vol. 17(2), pages 15-165, Desember.
    3. Hesti Setyorini Pamungkas & Abriyani Puspaningsih, 2013. "Pengaruh Keputusan Investasi, Keputusan Pendanaan, Kebijakan Dividen Dan Ukuran Perusahaan Terhadap Nilai Perusahaan," Jurnal Akuntansi dan Auditing Indonesia, Accounting Department, Faculty of Business and Economics, Universitas Islam Indonesia, vol. 17(2), pages 156-165.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zefriyenni, Zefriyenni & Sari, Vivi Nila & Utami, Selvida, 2019. "Korelasi Kebijakan Dividen, Ukuran Perusahaan dan Profitabilitas Terhadap Kebijakan Hutang pada Perusahaan Manufaktur [Correlation of Dividend Policy, Company Size and Profitability on Debt Policy ," MPRA Paper 96526, University Library of Munich, Germany.
    2. Cong Zhang & Shanyue Jin, 2022. "What Drives Sustainable Development of Enterprises? Focusing on ESG Management and Green Technology Innovation," Sustainability, MDPI, vol. 14(18), pages 1-20, September.
    3. Eva Kovarova & Tomas Vana, 2023. "Reduction of Poverty and Material Deprivation in the EU Countries: What Matters the Most?," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 3-23.
    4. Tsitohaina Razermera & Pradeep Brijlal & Nomthandazo Jwara, 2024. "The Impact of Risk Management on Banks’ Profitability: A South African Perspective," International Journal of Economics and Financial Issues, Econjournals, vol. 14(4), pages 56-65, July.
    5. Katarzyna Łukiewska & Małgorzata Juchniewicz, 2021. "Identification of the Relationships between Competitive Potential and Competitive Position of the Food Industry in the European Union," Sustainability, MDPI, vol. 13(8), pages 1-13, April.
    6. Jie Zhou & Shanyue Jin, 2023. "Corporate Environmental Protection Behavior and Sustainable Development: The Moderating Role of Green Investors and Green Executive Cognition," IJERPH, MDPI, vol. 20(5), pages 1-18, February.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:osf:osfxxx:qm62a. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: OSF (email available below). General contact details of provider: https://osf.io/preprints/ .

    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.