PENGARUH ENTERPRISE RISK MANAGEMENT DISCLOSURE, UKURAN PERUSAHAAN, LEVERAGE, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN
Abstract
This research aims at investigating the influence of enterprise risk management disclosure, firm size, leverage and profitability on company value. The research data were obtained from annual reports of real estate and property companies listed on Indonesia Stock Exchange. Annual reports were taken from the official website of Indonesia Stock Exchange and companies as research samples. The chosen period was from 2012 to 2016. The research data were analysed by multiple regression method.
The result of this research showed that not all of independent variables contributed a significant influence on the dependent variable. Enterprise risk management disclosure proved to have no significant positive effect on firm value. In contrast, the variables of company size and profitability contributed a significant positive effect on firm value, while the leverage had a significant negative effect on firm value.