The Effect of Enterprise Risk Management, Firm Size, Profitability, and Leverage on Firm Value

EAJ (Economic and Accounting Journal) Vol. 4, No. 1, Jan 2021, ISSN 2615-7888

11 Pages Posted: 30 Apr 2021

See all articles by Ratna Sari

Ratna Sari

Information Systems Department, School of Information Systems, Bina Nusantara University, Jakarta 11480, Indonesia

Armanto Witjaksono

Bina Nusantara University (BINUS) - Faculty of Economics

Date Written: January 31, 2021

Abstract

The purpose of this study is to investigate the effect of enterprise risk management, firm size, profitability, and leverage on the worth of property and assets companies listed on the Indonesia securities market during 2015-2017. the tactic of knowledge analysis during this study is multiple regression toward the mean analysis using SPSS software version 25. The results of the study indicate that the scale of the corporate doesn't have an influence on the worth of the corporate. Other variables like profitability and leverage have a big positive effect on firm value, while the applying of enterprise risk management to property and assets companies listed on the Indonesia securities market incorporates a significant negative effect on firm value. it had been concluded that enterprise risk management, profitability and leverage affect the worth of the corporate.

Keywords: enterprise risk management; firm size; profitability; leverage, firm value

Suggested Citation

Sari, Ratna and Witjaksono, Armanto, The Effect of Enterprise Risk Management, Firm Size, Profitability, and Leverage on Firm Value (January 31, 2021). EAJ (Economic and Accounting Journal) Vol. 4, No. 1, Jan 2021, ISSN 2615-7888, Available at SSRN: https://ssrn.com/abstract=3831632

Ratna Sari

Information Systems Department, School of Information Systems, Bina Nusantara University, Jakarta 11480, Indonesia ( email )

Jl. K. H. Syahdan No. 9
Kemanggisan / Palmerah
Jakarta Barat, ID DKI Jakarta 11480
Indonesia

Armanto Witjaksono (Contact Author)

Bina Nusantara University (BINUS) - Faculty of Economics ( email )

Jakarta Barat 11480
Indonesia

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