THE INFLUENCE OF MANAGERIAL STRATEGY, POLITICAL CONNECTIONS AND COMPANY SIZE ON COMPANY VALUE
Purpose - This study aims to test the Influence of Managerial Strategy and Political Connections as well as company size on Company Value using secondary data on banking companies listed on the Indonesia Stock Exchange from 2013 to 2021.
Design/Methodology/approach - The sample selection method used the purposive sampling method with several criteria resulting in 383 participants. In addition, this study used simple and multiple linear regression analysis techniques.
Finding - The results showed empirical evidence that the managerial strategy of a banking company cannot increase the value of the company. Political connections also have a negative value on company values. Political connections tend to get convenience facilities from the government to reduce the company's value. The size of the company can increase the value of the company.
Practical implications — This research can also provide input in making policies and regulations in Indonesia regarding managerial strategies, political connection practices, and company sizes related to company values.
Originality/value —This research has implications for theoretical enrichment the agency is mainly concerned with the performance of companies with political connections. in addition, it provides enrichment of stakeholders' theories about managerial strategies towards company value by increasing company investment.
Keywords — Managerial strategy, Political Connections, Company Size, Company Value
Paper Type: Quantitative Research
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