Factors Influence Firm Value

Abstract

This research aims to know the influence of Working Capital Turnover (WCTO), Total Asset Turnover (TATO) and Debt to Equity Ratio (DER) on the firm value. The population in this research are manufacturing companies listed on the Indonesia Stock Exchange for the period 2013-2017. Sampling method used is purposive sampling. The data analysis technique has been carried out by using multiple linear regressions analysis, and the SPSS program 21. The results of this study indicate that Working Capital Turnover (WCTO) has no effect on firm value, while Total Asset Turnover (TATO) and Debt to Equity Ratio (DER) have an effect on firm value.

Keywords : working capital turnover, total asset turnover, debt to equity ratio, firm value

DOI: 10.7176/EJBM/11-6-09