Pengaruh Intensitas R&d terhadap Nilai Perusahaan dengan Variabel Kontrol Umur dan Ukuran Perusahaan (Studi pada Perusahaan Manufaktur yang Tercatat di Bursa Efek Indonesia Periode 2012-2016)

摘要

This study aims to determine the effect of R&D intensity on the value of manufacturing companies in Indonesia. The companies age and size are used as control variables in this study, to support the relationship of R&D intensity to firm value. The R&D intensity, age, and size of the firm have a positive influence in increasing the value of the firms. Explanatory research with quantitative approach is used as a type of research. The secondary data is obtained from Indonesia Stock Exchange period 2012-2016. Sampling method is purposive sampling. Analysis method is simple and multiple regression. The result of t and F test on simple regression show R&D intensity has significant effect to firm value. The result of t test on multiple regression shows the R&D intensity and firm size have a significant effect to firm value, while firm age has no significant effect to firm value. F test on multiple regression shows that the intensity of R&D, age and firm size have significant effect to firm value.