The Influence of Sales Growth, Institutional Ownership and Company Size on Company Value with Capital Structure as an Intervening Variable in Energy Sector Companies Listed on the Indonesia Stock Exchange
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Abstract
Progress dynamic global economy demand company for have a survival strategy as well as focus on achievement benefits. One strategy that can applied is through investment, especially in the capital market. The capital market has role important in economy a country, including Indonesia, with the Indonesia Stock Exchange (BEI) as facilitator trading stocks, bonds, and mutual funds. Research This aiming for test influence growth sales, size company, and ownership institutional to mark company with capital structure as intervening variables. The research method used is study associative with approach quantitative. Secondary data obtained from report finance company sector energy listed on the IDX in the period 2021–2023. The technique of taking sample used is purposive sampling, with criteria certain things that must be fulfilled by the company. The results of the study show that there is significant relationship between variable growth sales, size company, and ownership institutional to mark company, good in a way direct and also through capital structure as intervening variables. In addition, it was found that company with growth sale highest and ownership high institutional tend own mark more companies good. Implications from study This can become reference for investors in choose potential stocks as well as for company in optimize policy finance they use increase mark company.
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