Gender in Investment on Firm the Value of Firm

Abstract

The value of firm is influenced by the size of the risk and the expected income. Expected returns and risks are influenced by investment decisions. This study aims to determine the effect of investment decisions on The value of firm and whether the existence of gender moderates the effect of investment decisions on the value of firm in consumer goods industry sector companies listed on the IDX. The data used in this study were obtained from the financial statements of consumer goods industry companies listed on the IDX. The predictor variable in this research is investment decision (X), the dependent variable is the value of firm (Y), and the moderating variable is gender. Data analysis techniques using Partial Least Square (Smart PLS). The results showed that investment decisions have a significant effect on firm value and gender variable moderate the effect of investment decisions on firm value. Companies in the consumer goods industry sector must make maximum investment decisions on fixed assets and intangible assets in company activities, as well as gender equality which must be further enhanced. The application of the right investment decision making and accompanied by the reduction of the gender gap will increase company value.