Determine Capital Value of Indonesia Year 2016-2020

Imayudha Asepta Faza; Isti Fadah; Nurhayati1

1

Publication Date: 2021/12/03

Abstract: This research is a quantitative research using secondary data. The population in this study is a mining company listed on the Bursa Efek Indonesia (BEI) in the years 2016-2020. The purpose of this research is to know the financial factors such as insider ownership (ISDN), Debt to Equity Ratio (DER), Debt to Asset Ratio (DAR), Return on Asset (ROA), Return on Equity (ROE), Dividend policy, against capital value which is represented by the value of Price Book Value (PBV). The data analysis technique used is Multiple Linear Regression test. Based on the results of the analysis can be concluded that: 1) The Insider Ownership (ISDN) doesn’t significantly influence the value of a mining company; 2) Debt to Equity Ratio (DER) significantly influence the value of a mining company; 3) Debt to Asset Ratio (DAR) doesn’t significantly affect the value of mining company; 4) Return on Asset (ROA) doesn’t significantly influence the value of a mining company; 5) Return on Equity (ROE) significantly influence the value of a mining company; 6) The dividend policy of a company significantly influences the value of a mining company.

Keywords: Mining industry, Insider Ownership (ISDN), Debt to Equity Ratio (DER), Debt to Asset Ratio (DAR), Return on Asset (ROA), Return on Equity (ROE), Dividend policy, and Price Book Value (PBV)

DOI: No DOI Available

PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT21NOV079.pdf

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