Faktor Yang Mempengaruhi Nilai Perusahaan Pada Perusahaan Manufaktur Di Bursa Efek Indonesia

Main Article Content

Samuel Dermawan
Viriany

Abstract

The purpose of this study is to determine and test whether profitability, liquidity, leverage and company size affect firm value in manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2017-2019 period. The sample was selected by purposive sampling method and valid data were 73 companies. Data analysis use descriptive statistics, panel data regression hypothesis testing and  classical assumptions using Eviews software version 11. The result of this study indicate that firm size have an effect on firm value. Profitability, Liquidity and Leverage have no effect on firm value. The implication of this research is that there is an increase in the ability of the company to be effective in managing its company which will increase the value of the company so that it will attract investors.

Article Details

Section
Articles
Author Biographies

Samuel Dermawan, Program Studi Akuntansi Fakultas Ekonomi Universitas Tarumanagara, Jakarta

samueldermawansantoso@gmail.com

Viriany, Program Studi Akuntansi Fakultas Ekonomi Universitas Tarumanagara, Jakarta

Viriany@gmail.com

References

AA Ngurah Dharma Adi Putra & Putu Vivi Lestari. (2016). Pengaruh Kebijakan Dividen, Likuiditas, Profitabilitas Dan Ukuran Perusahaan Terhadap Nilai Perusahaan. E-Jurnal Manajemen Unud, Vol. 5, No.7 Hal 4044 – 4070.

Almahadin, H. A., & Oroud, Y. (2020). Capital structure-firm value nexus: The moderating role of profitability. Revista Finanzas y Politica Economica, 11(2), 375–386.

Anugerah, K. H. G., & Suryanawa, I. K. (2019). Pengaruh Leverage dan Ukuran Perusaaan Pada Nilai Perusahaan. E-Jurnal Akuntansi, 26, 2324.

Brigham, Eugene F and Ehrhardt. 2005. Dasar-Dasar Manajemen Keuangan. Edisi Kesembilan. Alih Bahasa : Jakarta : Salemba Empat

Ernawati, Dewi dan Dini Widyawati. 2015. “Pengaruh Profitabilitas, Leverage, dan Ukuran Perusahaan Terhadap Nilai Perusahaan”. Jurnal Ilmu dan Riset Akuntansi. Vol. 04. No. 02. Surabaya.

Hanafi, Mahduh dan Abdul Halim, 2012, Analisis Laporan Keuangan. Yogyakarta: (UPP) STIM YKPN.

Harmono. (2017). Manajemen Kaungan Berbasis Balanced Scorecard Pendekatan Teori, Kasus, dan Riset Bisnis. Jakarta: Bumi Aksara

Islami, M. dan D. I. (2019). Pengaruh leverage dan likuiditas terhadap profitabilitas. E-Proceeding of Management, 6(2), 3381–3390.

Iswajuni, I., Manasikana, A., & Soetedjo, S. (2018). The effect of enterprise risk management (ERM) on firm value in manufacturing companies listed on Indonesian Stock Exchange year 2010-2013. Asian Journal of Accounting

Jensen, Michael C. & W.H. Meckling. (1976). Theory of The Firm: Managerial Behavior, Agency Cost and Ownership Structure. Journal of Financial Economics 3. 305-360

Kayobi, I. G. M. A., & Anggeani, D. (2015). Pengaruh Debt to Equity Ratio (DER), Debt to Totas Asset (DTA), Dividen Tunai, dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Akuntansi Dan Keuangan, 4(1).

Latief, Zulbiadi (2018) https://analis.co.id/jenis-rasio-profitabilitas.html

Lubis, I. L., Sinaga, B. M., & Sasongko, H. (2017). Pengaruh Profitabilitas, Sruktur Modal, Dan Likuiditas Terhadap Nilai Perusahaan. Jurnal Aplikasi Bisnis Dan Manajemen, 3(3), 458–465.

Manurung, M. S., & Herijawati, E. (2016). Pengaruh Likuiditas Dan Profitabilitas Terhadap Nilai Perusahaan (Study Empiris Pada Perusahaan Manufaktur Sektor Logam Dan Sejenisnya Yang Terdaftar Di Bursa Efek Indonesia). Jurnal Ilmiah Akuntansi Dan Teknologi, 8(2), 1–6.

Oktrima, B. (2017). PENGARUH PROFITABILITAS, LIKUIDITAS, DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN (Studi Empiris: PT. Mayora Indah, Tbk. Tahun 2011 – 2015). 1(1), 98–107.

Osazuwa, N. P., & Che-Ahmad, A. (2016). The moderating effect of profitability and leverage on the relationship between eco-efficiency and firm value in publicly traded Malaysian firms. Social Responsibility Journal, 12(2), 295–306.

Rai Prastuti, N., & Merta Sudiartha, I. (2016). Pengaruh Struktur Modal, Kebijakan Dividen, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur. None, 5(3), 254202.

S, S., & Machali, M. (2017). The Effect of Asset Structure and Firm Size on Firm Value with Capital Structure as Intervening Variable. Journal of Business & Financial Affairs, 06(04). https://doi.org/10.4172/2167-0234.1000298

Scott, R. William. 2015. Financial Accounting Theory. Seventh Edition. Pearson Prentice Hall: Toronto.

Sugiharto, Ratnawati, H. T., & Moehaditoyo, S. H. (2016). Risk Management Mediates the Influence of Good Corporate Governance, Managerial Shareholder, and Leverage on Firm Value. IOSR Journal of Business and Management, 18(11), 62–70.

Suroto. (2015). Analisis Faktor-Faktor yang Mempengaruhi Price Earning Ratio pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia periode 2010-2012 .

Suryandani, A. (2018). Pengaruh Pertumbuhan Perusahaan, Ukuran Perusahaan, Dan Keputusan Investasi Terhadap Nilai Perusahaan Pada Perusahaan Sektor Property Dan Real Estate Di Bei. BMAJ: Business Management Analysis Journal, 1(1), 49–59.

Sutama, D. R., & Lisa, E. (2018). Pengaruh Leverage dan Profitabilitas Terhadap Nilai Perusahaan. (Studi pada Perusahaan Sektor Manufaktur Food and Beverage yang terdaftar di Bursa Efek Indonesia). Sains Manajemen Dan Akuntansi, X(2), 65–85.

Tantawi, Jonardi (2020). Pengaruh Likuiditas, Firm growth, Leverage, dan Profitabilitas terhadap Nilai Perusahaan. Jakarta.

Similar Articles

1 2 > >> 

You may also start an advanced similarity search for this article.