PENGARUH PERTUMBUHAN ASET TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING (Studi Empiris Perusahaan Sektor Pertambangan yang terdaftar Di Bursa Efek Indonesia Periode 2007 - 2016)

Abstract

This study aims to determine the effect of asset growth on company value with probability as intervening variable. The population in this study is mining sector companies listed in IDX period 2007-2016. The sample of research is 11 companies samples by using purposive sampling method. Analytical methods used were outlier test, classical assumption test, partial test (t test), and path analysis. The result of hypothesis test and path analysis shows that: 1) asset growth has an effect on probabiltity, 2) asset growth and probability have no effect to company value, 3) probability able to mediate relationship of asset growth to company value.

The Role of Biological Asset Disclosure and Biological Asset Intensity in Influencing Firm Performance

“…Nevertheless, the study's result is consistent with research conducted by Triyani et al (2018), which found that the firm asset proportion had a negative effect on its performance. The more the firm enriched its biological assets, it tended to decrease the firm's performance.…”

“…Signal theory is an action taken by firm management to give investors direction on how the management assesses its prospect (Spence, 1973). Triyani, Mahmudi, and Rosyid (2018) elaborate that a firm, which gives a signal in forms of information, can enhance the firm performance compared to other firms. The signal provides easiness for the investors to assess a firm.…”

“…ROA is how efficient a firm manages its assets to generate profits in a certain period. Triyani et al (2018) measured ROA as calculated below:…”

Pengaruh Leverage dan Pertumbuhan Aset terhadap Return on Equity pa-da PT Pegadaian (PERSERO)

“…Menurut Triyani et al (2018) berdasarkan uji hipotesis yang telah dilakukan bahwa pertumbuhan aset memiliki hubungan positif dan berpengaruh signifikan terhadap profitabilitas. Sedangkan riset yang sama dilaksanakan oleh Tandi et al (2018)…”

effect of financial ratios on company value in oil and gas mining subsectors in Indonesia stock exchange

“…Cho & Pucik (2005), Kuzey et al (2014), Aggarwal & Padhan (2017), and Khairunnisa et al (2018) presumed that Asset Growth will affect the Price to Book Value Ratio. In the meantime, as indicated by Hasbi (2015), (Triyani et al, 2018) contends that Asset Growth has no impact on the Price to Book Value Ratio. The expansion in productivity will give financial backers trust in the organization which will affect the increment in organization esteem.…”