Djazuli, Abid and Safitri, Ervita and Dinarossi utami, Dinarossi (2018) The Determinants of Growth and Firm Value. The 2nd International Conference on Finance, Management and Business ICFMB 2018, 2. p. 21.
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Abstract
Growth is one of the goals of the company. The company will gain profitability through sales growth and its impact will increase the company value. This study aimed toexamine the information about the determinants of growth of manufacture companies in Indonesia. For this purpose, explanatory variable of debt to equity ratio was used as controlling factor and actual growth, internal growth, profitability growth and sustainable growth were used as independent variables. This study was conducted by using 300 sample of manufacturing companies listed in Indonesia Stock Exchange from 2012-2016. The results of research showed that, in case of manufacturing companies in Indonesia Stock Exchange, the determinants of growth had a strong role to influence company value. Several key findings were covered in this research that interpretations of sustainable growth defined as the maximum level of sales that could be increased without undermining financial resources. It was therefore important to understand the need for limit growth to maintain financial strength. Keywords : actual growth, internal growth, profitability growth, firm value.
Item Type: | Article |
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Subjects: | Manajemen > ekonomi keuangan |
Divisions: | Fakultas Ekonomi dan Bisnis > Manajemen (S1) |
Depositing User: | UPT IT UM Palembang |
Date Deposited: | 18 Jan 2021 05:04 |
Last Modified: | 21 Apr 2021 04:01 |
URI: | http://repository.um-palembang.ac.id/id/eprint/13887 |
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