Determinan Nilai Perusahaan pada Perusahaan Industri Electronic Gaming dan Multimedia

Rayhan Adha, Tri Siswantini, Alfida Aziz

Abstract


The aim of this research is to analyze determinant of firm value, which is profitability and firm size on Electronic gaming and Multimedia Industry. The sample of this study is firm of Electronic gaming and Multimedia Industryclasssified by ychart.com and listed on NASDAQ. This type of research is a quantitative study using Data Panel Regression as analytical techniques with 5% level of significance. After being analyzed, the result of this research is profitability and firm size doesn’t affect significantly on firm value. While leverage has significant effect on firm value.


Keywords


Firm Value; Profitability; Firm Size; Leverage

Full Text:

PDF

References


Activision Blizzard. (2020). Annual Report. Diakses 1 Desember 2020, dari https://investor.activision.com/

Agnatia, V., & Amalia, D. (2018). Pengaruh Economic Value Added (EVA) dan Rasio Profitabilitas Terhadap Harga Saham. Journal of Applied Managerial Accounting, 2(2), 290–303.

Al-Nsour dan Al-Muhtadi. (2019). Capital Structure , Profitability and Firm’s Value : Evidence from Jordan. Research Journal of Finance and Accounting, 10(20).

Al-slehat, Z. A. F. (2020). Impact of Financial Leverage , Size and Assets Structure on Firm Value : Evidence from Industrial Sector , Jordan. International Business Research, 13(1). https://doi.org/10.5539/ibr.v13n1p109

Astuti, F. Y., Wahyudi, S., & Mawardi, W. (2018). Analysis of Effect Of Firm Size, Institutional Ownership, Profitability, and Leverage On Firm Value with Corporate Social Responsibility (CSR) Disclosure As Intervening Variables (Study on Banking Companies Listed on BEI Period 2012-2016). Jurnal Bisnis STRATEGI, 27(2).

Avid Technology. (2020). Annual Report. Diakses 1 Desember 2020, dari https://ir.avid.com

Basuki, A.T dan Prawoto, N. (2017). Analisis Regresi dalam Penelitian Ekonomi dan Bisnis Dilengkapi Aplikasi SPSS dan EViews. Jakarta: Rajawali Pers.

Budiharjo, R. (2020). Effect Of Environmental Performance, Good Corporate Governance and Leverage On Firm Value. American Journal of Humanities and Social Sciences Research, 4(8).

Cha, J. (2017). Crowdfunding for Video Games : Factors that Influence the Success of and Capital Pledged for Campaigns Crowdfunding for Video Games : Factors that Influence the. International Journal on Media Management, 00(00), 1–20. https://doi.org/10.1080/14241277.2017.1331236

Chabachib, M., Fitriana, T. U., Hersugondo, H., Dapit, I., Pamungkas, & Udin, U. (2020). Firm Value Improvement Strategy, Corporate Social Responsibility, and Institutional Ownership. Nternational Journal of Economics and Management Systems, 5, 146–157.

Dang, H. N., Ha, V. T. T., Ngo, X. T., & Hoang, H. T. V. (2019). Study the Impact of Growth, Firm Size, Capital Structure, and Profitability on Enterprise Value: Evidence of Enterprises in Vietnam. Wiley Periodicals, Inc. https://doi.org/10.1002/jcaf.22371

Electronic Arts. (2020). Annual Report. Diakses 1 Desember 2020, dari https://ir.ea.com/

Fauzi, A., & Nurmatias. (2015). Pengaruh Profitabilitas dan Leverage Terhadap Nilai Intervening Pada Perusahaan Yang Terdaftar di BEI Tahun 2013. Jurnal Ekonomi Dan Bisnis, 2(2), 177–202.

Ghozali, I., & Ratmono, D. (2017). Analisis Multivariat dan Ekonometrika Teori, Konsep, dan Aplikasi dengan EViews 10. Semarang: Badan Penerbit Universitas Diponegoro.

GigaMedia Limited. (2020). Annual Report. Diakses 1 Desember 2020, dari http://www.gigamedia.com/EN/QuarterlyFinancialResults/ugCDown.asp?hidDownTypeID=5&hidDownCatID=60

Glu Mobile. (2020). Annual Report. Diakses 1 Desember 2020, dari https://ir.take2games.com/

Gravity. (2020). Annual Report. Diakses 1 Desember 2020, dari http://www.gravity.co.kr/en/ir/notice/list.asp

Ha, N. T. Le, & Minh, B. T. (2020). Determinants of Firm Value in Vietnam : A Research Framework. International Journal of Science and Research, 9(1), 626–631. https://doi.org/10.21275/ART20204002

Hirdinis, M. (2019). Capital Structure and Firm Size on Firm Value Moderated by Profitability. International Journal of Economics and Business Administration, 7(1), 174–191.

Hung, D. N., Cuong, P. D., & Ha, V. T. B. (2018). Effects of financial statements information on firms ’ value : evidence from Vietnamese listed firms. Investment Management and Financial Innovations, 15(4), 210–218.

Inspired Entertainment. (2020). Annual Report. Diakses 1 Desember 2020, dari https://investors.inseinc.com/annual-reports

Jubaedah, Yulivan, I., & Hadi, A. R. A. (2016). The Influence of Financial Performance , Capital Structure and Macroeconomic Factors on Firm ’ s Value – Evidence from Textile Companies at Indonesia Stock Exchange. Applied Finance and Accounting, 2(2), 18–29. https://doi.org/10.11114/afa.v2i2.1403

Karnadi, E. B. (2017). Panduan EViews untuk Ekonometrika Dasar. Jakarta: Grasindo.

Khairudin, & Wandita. (2017). Analisis Pengaruh Rasio Profitabilitas, Debt To Equity Ratio (DER) dan Price to Book Value (PBV) Terhadap Harga Saham Perusahaan Pertambangan Di Indonesia. Jurnal Akuntansi & Keuangan, 8(1).

Liquid Media Group. (2020). Financial Statement. Diakses 1 Desember 2020, dari https://www.liquidmediagroup.co/investors/financial-reports/

Mandey, S. R., Pangemanan, S. S., & Pangerapan, S. (2017). Analisis Pengaruh Insider Ownership, Leverage, dan Profitabilitas Terhadap Nilai Perusahaan Pada Sektor Perusahaan Manufaktur di Bursa Efek Indonesia Periode Tahun 2013-2015. Jurnal EMBA, 5(2), 1463–1473.

Nasdaq. (2020). Historical Quotes. Diakses 1 Desember 2020, dari https://www.nasdaq.com/

Novalia, F., & Nindito, M. (2016). Pengaruh Konservatisme Akuntansi dan Economic Value Added Terhadap Penilaian Ekuitas Perusahaan. Jurnal Ilmiah Wahana Akuntansi, 11(2).

Pratiwi, R. D. (2020). Do Capital Structure, Profitability, and Firm Size Affect Firm Value? Jurnal Penelitian Ekonomi Dan Bisnis, 5(2), 194–202. https://doi.org/10.33633/jpeb.v5i2.3717

Putri, N. D., Siswantini, T., & Murtatik, S. (2020). Analisis Determinan Kinerja Keuangan Terhadap Nilai Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia. In KORELASI I (Konferensi Riset Nasional Ekonomi, Manajemen, dan Akuntansi) (pp. 1093–1105).

Rachmawati, D., & Pinem, D. B. (2015). Pengaruh profitabilitas , leverage dan ukuran perusahaan terhadap nilai perusahaan. EQUITY, 18(1).

RealNetworks. (2020). Annual Report. Diakses 1 Desember 2020, dari https://investor.realnetworks.com/

Setiadharma, S., & Machali, M. M. (2017). The Effect of Asset Structure and Firm Size on Firm Value with Capital Structure as Intervening Variable. Journal of Business & Financial Affairs, 6(4). https://doi.org/10.4172/2167-0234.1000298

Siddik, M. H., & Chabachib, M. (2017). Pengaruh ROE, CR , SIZE, dan Kepemilikan Institusional Sebagai Variabel Intervening. DIPONEGORO JOURNAL OF MANAGEMENT, 6(4), 1–15.

Sollosy, M., Mcinerney, M., & Braun, C. K. (2016). H uman Capital : A Strategic Asset Whose Time Has Come to Be Recognized on Organizations Financial Statements. The Journal of Corporate Accounting & Finance. https://doi.org/10.1002/jcaf.22201

Statistia.com. (2020). Video game market value worldwide from 2012 to 2023. Retrieved from https://www.statista.com/statistics/292056/video-game-market-value-worldwide/

Sucuahi, W., & Cambarihan, J. M. (2016). Influence of Profitability to the Firm Value of Diversified Companies in the Philippines. Accounting and Finance Research, 5(2). https://doi.org/10.5430/afr.v5n2p149

Syaifulhaq, M. D. H., Herwany, A., & Layyinaturrobaniyah. (2020). Capital Structure and Firm’s Growth in Relations to Firm Value at Oil and Gas Companies Listed in Indonesia Stock Exchange. Journal of Accounting Auditing and Business, 3(1), 14–28. https://doi.org/http://dx.doi.org/10.24198/jaab.v3i1.24760

Take-Two Interactive. (2020). Annual Report. Diakses 1 Desember 2020, dari https://ir.take2games.com/financial-information/annual-reports

The9 Limited. (2020). Financial Statement. Diakses 1 Desember 2020, dari https://ycharts.com/financials/NCTY/income_statement/annual

Yanti, P. D. M., & Abundanti, N. (2019). Pengaruh Profitabilitas, Leverage dan Kebijakan Dividen Terhadap Nilai Perusahaan Properti, Real Estate Dan Konstruksi Bangunan. E-Jurnal Manajemen Unud, 8(9), 5632–5651. https://doi.org/https://doi.org/10.24843/EJMUNUD.2019.v08.i09.p14

Zynga. (2020). Annual Report. Diakses 1 Desember 2020, dari https://investor.zynga.com/


Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Konferensi Riset Nasional Manajemen Akuntansi dan Ekonomi

Diterbitkan oleh: 

Fakultas Ekonomi dan Bisnis, Universitas Pembangunan Nasional Veteran Jakarta

Jl. RS Fatmawati No. 1, Pondok Labu, Jakarta Selatan, Indonesia 12450

Prosiding BIEMA is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.