The Effect of Company Size and Financial Distress on Firm Value in Conventional Banking Companies Listed on the Indonesia Stock Exchange

Authors

  • Marlisa Juniarsi Faculty of Economics and Business, University of Muhammadiyah Palembang, Indonesia
  • Fadhil Yamaly Faculty of Economics and Business, University of Muhammadiyah Palembang, Indonesia
  • Ummi Kalsum Faculty of Economics and Business, University of Muhammadiyah Palembang, Indonesia
  • Intan Dwi Astuti Faculty of Economics and Business, University of Muhammadiyah Palembang, Indonesia

DOI:

https://doi.org/10.47747/icbem.v1i1.1253

Abstract

This study aims to determine whether there is an effect of company size and financial distress on firm value in conventional banking companies listed on the Indonesia Stock Exchange. This research includes the type of associative research. The research population is conventional banking companies listed on the Indonesia Stock Exchange for the 2017- 2021 period, a total of 42 companies. The sample in this study were 12 companies with a total of 60 observational data, using a purposive sampling technique. The data used in this research is secondary data. Data collection method is a method of documentation. The analysis technique used is quantitative, with classical assumption test analysis techniques, multiple linear regression tests and hypothesis testing. The results of this study indicate that there is a significant effect of firm size and financial distress on firm value. The partial test results show that there is a significant effect of firm size on firm value and there is a significant effect of financial distress on firm value.

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Published

2023-08-21