THE EFFECT OF INVESTMENT DECISION, SOLVENCY, PROFITABILITY, CAPITAL STRUCTURE ON COMPANY VALUE OF MANUFACTURING INDUTRY COMPANIES IN THE CONSUMER GOODS SECTOR LISTED IN THE INDONESIA STOCK EXCHANGE IN THE PERIOD OF 2019-2022
Main Article Content
Ibrania Euis Anggie Sianturi
Enda Noviyanti Simorangkir
Juli Arlis Sianturi
Soni Dharma Syaputra
Putri Wahyuni
This research aims to find out the influence of Investment Decisions, Solvency, Profitability, Structure Capital Faced by the Company Values Manufacturing Industry Consumer goods sector listed on the Stock Exchange Indonesia Securities Period 2019-2022. The research approach used in this research is research Quantitative, this type of research is descriptive and the nature of the research is casual. Method This research is a documentation method. The data analysis model used is the analysis double linear. The population of this research is the manufacturing industry companies sector 50 consumer goods registered on the Indonesian Securities Exchange for the 2019 - 2022 period company. The determination of samples using Technical purposive sampling was obtained as many as 30 companies. The value of the determination coefficient using the value of Adjusted R Square is 0.025. The results of the study show that partially, investment decisions with a value of 0.019 has no effect on the company's value, solvency with a value of - 0.351 has no effect on the company's value. Profitability with a value of 2,459 has an effect and significant on the value of the company and capital structure with a value of 1,421 has no effect on the company's value. Simultaneously with a score of 1.749 indicates that investment decisions, solvency, profitability and capital structure are not affect the value of companies in the manufacturing industry companies in the goods sector consumption listed on the Indonesia Stock Exchange for the 2019-2022 period.
Dividend Policies on Company Value. Diponegoro Journal of Accounting, 1(2), 1-9.
Anggraeni, U. &. (2019). The Effect of Liquidity, Solvency, and Profitability on Company Value in Property and Real Estate Companies on the IDX. Journal of Management Science and Research (JIRM), 8(1).
Indrarini, M. (2019). Company Value Through Profit Quality. Surabaya: Scopindo Media Pustaka.
Fahmi, I. (2017). Financial Statement Analysis. Bandung: Alfabeta.
Fridana, I. O. (2020). Analysis of Factors Influencing Investment Decisions (Study on Students in Surabaya). Journal of Muara IlmuiEkonomi dan Bisnis, 4(2), 396.https://doi.org/10.24912/jmieb.v4i2.8729.
Ghozali, I. (2021). Application of Multivariate Analysis with the IBMi SPSS 26 Program 10th Edition. Badani Diponegoro University Press.
Cashmere. (2019). Analysis of Financial Statements. Jakarta: First Edition. Twelfth Print. PT Raja Grafindo Persada. Jakarta.
Kusumajaya, D. K. (2011). The Influence of Capital Structure and Company Growth on Profitability and Company Value in Manufacturing Companies on the Indonesia Stock Exchange. 1- 123.
Nelwan, A. &. (2018). The Effect of Dividend Policy, Funding Decision and Investment Decision on Company Value in Bluechip Stocks Listed on the IDX. EMBA Journal: Journal of Economics, Management, Business and Accounting Research, 6(4), 2878-2887.http://doi.0rg/10.35794/emba.v6i4.21196.
Prihadi, T. (2020). Financial Statement Analysis. PT Gramedia Pustaka Utama. Riyanto, S. &. (2020). Quantitative Research Research Methods. Sleman: Deepublish.
Sianturi. (2015). The Effect of Financial Performance on the Value of Manufacturing Companies in the Industrial Sector Consumer Goods on IDX. eJournal of Business Administration, Volume 2, Number 2. 2015: 282-296. S1 Program in Business Administration, Faculty of Social and Political Sciences, Mulawarman University.
Sugiyono. (2018). Quantitative Research Methods. Bandung: Alfabeta.
Sugiyono. (2020). Quantitative, Qualitative, and R&G Research Methods. Bandung: Alfabeta Publishers.
Wijaya, B. I. (2015). The Effect of Profitability on Company Value (Dividend Policy and Investment Opportunities as Mediation Variables). E-Journal of Management of Udayana University, Vol.4, No.12, 2015:4477-4500. ISSN: 2302-8912.
