Effect of Enterprise Risk Management, Company Size and Leverage on Company Value

  • Yunita Putri Indaswarie Perbanas Institute Jakarta
  • Natali Yustisia Perbanas Institute Jakarta
Keywords: ERM; firm size; firm value; leverage

Abstract

This study aims to determinate the effect of Enterprise Risk Management, firm size, and leverage on firm value in manufactur industry sector textile and garment in IDX period 2014-2019. The sample method used in this study is purposive sampling method and the data analysis technique used is panel data regression which includes classical assumption test and hyphothesis test. The samples of the research are 7 companies. The results showed that Enterprise Risk Management has significant positive effect, firm size has no significant effect, while leverage has significant negative effect on the firm value. Coefficient of determination (adjusted R2) is 0,789 which means 79% firm value influenced by ERM, firm size and leverage.  As for the rest, 21% firm value influenced by other variables that don’t explain in this study.

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www.idx.co.id accessed on December 20, 2020
Published
2022-08-01
How to Cite
Yunita Putri Indaswarie, & Natali Yustisia. (2022). Effect of Enterprise Risk Management, Company Size and Leverage on Company Value. Indonesian Development of Economics and Administration Journal, 1(1), 9 -. Retrieved from https://www.ojs.ideanusa.com/index.php/idea/article/view/4
Issue
Vol 1 No 1 (2022): IDEA Journal
Section
Articles
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