Determinan Nilai Perusahaan di Pasar Modal Indonesia: Systematic Literature Review

Authors

  • Ningrum Trija Kesuma Universitas Senior Medan
  • Sisi Maghfirah Rahmah Sembiring Universitas Senior Medan
  • Nurul Mizna Sukma Universitas Senior Medan

DOI:

https://doi.org/10.31004/joecy.v6i1.7421

Keywords:

firm value, profitability, liquidity, firm size, ownership structure

Abstract

This study aims to systematically examine the factors affecting firm value in the Indonesian capital market, focusing on profitability, liquidity, firm size, and ownership structure. The method used is a Systematic Literature Review (SLR) based on PRISMA, analyzing articles published in reputable international journals indexed in Scopus and nationally accredited journals (at least Sinta 4) since 2022. The review process involves formulating research questions, literature search, article selection, and thematic synthesis. The findings indicate that profitability positively affects firm value, while liquidity has a contextual impact. Firm size can enhance market confidence but may also lead to inefficiencies, and ownership structure influences firm value through control mechanisms and corporate governance. These findings emphasize the need for a comprehensive approach to managing the factors affecting firm value in the Indonesian capital market.

References

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Published

31-01-2026

How to Cite

Kesuma, N. T. ., Rahmah Sembiring, S. M. ., & Sukma, N. M. (2026). Determinan Nilai Perusahaan di Pasar Modal Indonesia: Systematic Literature Review. Journal of Innovative and Creativity (Joecy), 6(1), 6934–6945. https://doi.org/10.31004/joecy.v6i1.7421

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Articles