DOI: https://doi.org/10.14710/jsmo.v13i1.13411

ANALISIS PENGARUH TATO, WCTO, DAN DER TERHADAP NILAI PERUSAHAAN DENGAN ROA SEBAGAI VARIABEL INTERVENING (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2009-2013)

*Rahmawati Budi Utami  -  Diponegoro University, Indonesia

Citation Format:
Abstract

The aims of this research is to examine the direct effect and indirect effect of Total Asset
Turnover, Working Capital Turnover, Debt to Equity Ratio on Firm Value with Return
On Asset as an intervening variable.
This research sample is manufacturing companies listed in the Indonesia Stock Exchange
(IDX) period 2009-2013 by using purposive sampling method. There are 64
manufacturing companies selected as sample. The method of analysis used is Path
Analysis, the development of multiple linear regression.
Using multiple regression analysis, it is known that TATO has positive significant effect
on ROA. WCTO and DER has negative significant effect on ROA. TATO has positive not
significant effect on Firm Value. WCTO has negative significant effect on Firm Value.
DER and ROA has positive significant effect on Firm Value. The result of path analysis
showed that TATO influence Firm Value through ROA. Besides, it was found that the
value of the adjusted R square for the equation ROA is 25,3% while the value of the
adjusted R square for the equation PBV is 39,7%.


Keywords: Total Asset Turnover (TATO), Working Capital Turnover (WCTO), Debt to
Equity Ratio (DER), Return On Asset (ROA), Firm Value

Fulltext View|Download

Article Metrics:

Article Info
Section: Research Article
Language : EN
Recent articles
ANALISIS PENGARUH KOMITMEN ORGANISASI DAN KEPEMIMPINAN TERHADAP KINERJA KARYAWAN DENGAN KEPUASAN KERJA SEBAGAI VARIABEL INTERVENING (Studi pada PT. Madu Baru Bantul Yogyakarta) PENGARUH KECERDASAN INTELEKTUAL, KECERDASAN EMOSIONAL, DAN LINGKUNGAN KERJA TERHADAP KINERJA KARYAWAN PT. PLN PERSERO AREA KLATEN ANALISIS PENGARUH PERSEPSI KUALITAS PELAYANAN DAN PERCEIVED VALUE TERHADAP KEPUASAN RELIGIUS UNTUK MENINGKATKAN MINAT MENABUNG ULANG (Studi Pada BNI Syariah Semarang) More recent articles
Most cited articles
ANALISIS PENGARUH IMPLEMENTASI MANAJEMEN KUALITAS TERHADAP KINERJA ORGANISASI PADA USAHA KECIL MENENGAH DI KOTA SALATIGA PENGARUH PEMBINAAN, PELATIHAN DAN PENGEMBANGAN, PEMBERDAYAAN DAN PARTISIPASI TERHADAP KINERJA KARYAWAN Analisis Pengaruh Persepsi Kemudahan Penggunaan dan Persepsi Manfaat terhadap Minat Beli dengan Kepercayaan Sebagai Variabel Intervening (Studi pada Pengunjung Toko Online berrybenka.com di Kalangan Mahasiswa Universitas Diponegoro) ANALISIS LIQUIDITY CREATION PADA PERBANKAN DI INDONESIA TAHUN 2007-2013 (STUDI KASUS PADA 10 BANK BESAR DI INDONESIA TAHUN 2013) ANALISIS REAKSI PASAR MODAL TERHADAP PENGUMUMAN INVESTASI TEKNOLOGI INFORMASI: STUDI KASUS PADA PERUSAHAAN YANG LISTING DI BEJ PERIODE 2002-2005 More cited articles

Last update:

  1. The influence of company characteristics, intellectual capital, and CSR toward company values on companies listed on BEI in 2014 to 2017

    F H Rusgowanto, R R Panggabean. IOP Conference Series: Earth and Environmental Science, 729 (1), 2021. doi: 10.1088/1755-1315/729/1/012112

  2. AFFECTING FACTORS VALUE OF AUTOMOTIVE SECTOR MANUFACTURING COMPANY WITH DIVIDEND POLICY INTERVENING IN INDONESIA (STUDY AT PT ASTRA INTERNATIONAL TBK. PERIOD 2014-2021)

    Yoyo Sudaryo, Gurawan Dayona Ismail, Riyandi Nur Sumawidjaja, Nunung Ayu Sofiati Efi, Asyifa Khoerunnisa, Mohd Hassan Che Haat, Rama Chandra Jaya, Nandan Limakrisna. International Journal of Research -GRANTHAALAYAH, 10 (11), 2022. doi: 10.29121/granthaalayah.v10.i11.2022.4859

Last update: 2024-11-22 17:41:21

No citation recorded.