Faktor-Faktor Yang Mempengaruhi Nilai Perusahaan Melalui Profitabilitas Sebagai Variabel Intervening
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Abstract
The study aims to determine the effect of financial performance through profitability
on value of banking on BEI 2015-2019. The samples obtained 26 companies using purposive
sampling. Path analysis with SPSS and sobel test as data analysis. The F test model 1 significant,
t test: non-performing loan, operating efficiency ratio has a significant negative effect,
meanwhile loan to deposit ratio has an insignificant effect on profitability. The F test model 2
significant, t test: loan to deposit ratio, operating efficiency ratio has a significant negative effect,
meanwhile non-performing loan, profitability has an insignificant effect on value of banking.
The t test (Intervening) indicates non-performing loan, loan to deposit ratio, operating efficiency
ratio through profitability insignificantly on value of banking. The implication of this study is
regards to performance more than profitability.
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