Research Article
The Effect of Return on Asset, Return on Equity and Debt to Equity Ratio on the Value of the Manufacturing Firm Listed on Stock Exchange 2015-2019
@INPROCEEDINGS{10.4108/eai.30-10-2021.2315839, author={Desmon Desmon and Armalia Reny WA and Meirinaldi Meirinaldi and Yudhinanto C Nugroho}, title={The Effect of Return on Asset, Return on Equity and Debt to Equity Ratio on the Value of the Manufacturing Firm Listed on Stock Exchange 2015-2019}, proceedings={Proceedings of the First Multidiscipline International Conference, MIC 2021, October 30 2021, Jakarta, Indonesia}, publisher={EAI}, proceedings_a={MIC}, year={2022}, month={1}, keywords={return on assets; return on equity; debt to equity ratio; firm value}, doi={10.4108/eai.30-10-2021.2315839} }- Desmon Desmon
Armalia Reny WA
Meirinaldi Meirinaldi
Yudhinanto C Nugroho
Year: 2022
The Effect of Return on Asset, Return on Equity and Debt to Equity Ratio on the Value of the Manufacturing Firm Listed on Stock Exchange 2015-2019
MIC
EAI
DOI: 10.4108/eai.30-10-2021.2315839
Abstract
The motivation behind this examination is to see the impact of return on resources (ROA), return on value (ROE), and obligation to value proportion (DER) on an organization's worth (PBV). Optional information was utilized in this review, which was gained by implication by scientists through middle person media. The example for this review comprised of seven food and drink producing organizations with firm qualities recorded on the Indonesia Stock Exchange. Return on resources essentially affects firm worth, while return on value has a generally negative and minor effect and obligation to value proportion has a somewhat certain and critical effect. From 2015 to 2019, a total of 35 observations were made The monetary proportion is utilized as an autonomous variable. Firm worth is the autonomous variable, though return on resources, return on value, and obligation to value proportion are the ward factors (PBV). In view of the review's discoveries, the scientific strategy utilized in this review was a different direct relapse condition, which produced the condition Y=1.860+1.303X1- 0.037X2+0.410X3+. The profit from resources, return on value, and obligation to value proportions all essentially affect firm worth, as indicated by the review's discoveries. Return on resources advantageously affects firm worth, while return on value has a somewhat negative and minor effect, and obligation to value proportion hugely affects firm worth.