PENGARUH KEPUTUSAN INVESTASI DAN KEPUTUSAN PENDANAAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR TRANSPORTASI DAN LOGISTIK YANG TERDAFTAR DI BEI TAHUN 2021-2023

THE INFLUENCE OF INVESTMENT DECISIONS AND FUNDING DECISIONS ON COMPANY VALUE IN TRANSPORTATION AND LOGISTICS SECTOR COMPANIES LISTED ON THE IDX IN 2021-2023

Abstract

This study aims to analyze the effect of investment decisions and funding decisions on firm value. This research is a causal associative research (cause and effect) with a quantitative approach. In this study, the sample selection was carried out through a purposive sampling method which focused on transportation and logistics sector companies listed on the Indonesia Stock Exchange during the 2021-2023 research period.  By considering the predetermined criteria, a sample of 19 companies out of 27 companies was obtained so that the research data analyzed amounted to 57 observations. This study used a panel data regression model with the Random Effect Model (REM) approach.  Model data analysis using the Eviews version 12 program. The results showed that investment decisions have a positive but insignificant effect on firm value. Funding decisions have a positive and significant effect on firm value