PENGARUH PROFITABILITAS, LIKUIDITAS, UKURAN PERUSAHAAN, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN
Main Article Content
Abstract
This study was conducted to empirically examine the effect of profitability, liquidity, firm size, and leverage on firm value. The sample selected through the simple random sampling method for this study were 35 consumer goods industrial sector companies listed on the Indonesia Stock Exchange (IDX) in the 2016-2020 period. The data used in this study is secondary data obtained from idx.co.id and related company websites. The data were processed using Microsoft Excel 2019 and Econometric Views (EViews) version 12.0 program. The results of this study indicate that profitability and leverage have a significant positive effect on firm value, while liquidity has an insignificant positive effect on firm value, and firm size has a significant negative effect on firm value.
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This work is licensed under a Jurnal Komunikasi Creative Commons Attribution-ShareAlike 4.0 International License.
References
Ardila, I. (2017). Pengaruh profitabilitas dan kinerja lingkungan terhadap nilai perusahaan. Jurnal Riset Finansial Bisnis, 1(1), 21-30.
Brigham, E. F., & Houston, J. F. (2015). Fundamentals of Financial Management, concise 8th edition. Mason, OH: South-Western, Cengage Learning.
Chasanah, A. N. (2018). Pengaruh rasio likuiditas, profitabilitas, struktur modal dan ukuran perusahaan terhadap nilai perusahaan pada perusahaan manufaktur yang terdaftar di bei tahun 2015-2017. Jurnal Penelitan Ekonomi Dan Bisnis, 3(1), 39-47.
Hidayat, W. W. (2019). Pengaruh ukuran perusahaan, return on equity dan leverage terhadap nilai perusahaan pada perusahaan manufaktur di indonesia. In Forum Ekonomi (Vol. 21, No. 1, pp. 67-75).
Husna, A., & Satria, I. (2019). Effects of return on asset, debt to asset ratio, current ratio, firm size, and dividend payout ratio on firm value. International Journal of Economics and Financial Issues, 9(5), 50.
Jogiyanto, H. (2017). Teori Portofolio dan Analisis Investasi. Edisi Kesebelas. Yogyakarta: BPFE.
Kasmir. (2016). Analisis Laporan Keuangan. Jakarta: Raja Grafindo Persada.
Mahardikari, A. K. W. (2021). Pengaruh Profitability, Liquidity, Leverage, Dividend Policy, Firm Size, dan Firm Growth terhadap Nilai Perusahaan. Jurnal Ilmu Manajemen, 9(2).
Puspitaningtyas, Z. (2017). Is Financial Performance Reflected in Stock Prices? Advances in Economics, Business and Management Research, 40(1), 17–28.
Ramdhonah, Z., Solikin, I., & Sari, M. (2019). Pengaruh Struktur Modal, Ukuran Perusahaan, Pertumbuhan Perusahaan, Dan Profitabilitas Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Sektor Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2017). Jurnal Riset Akuntansi Dan Keuangan, 7(1), 67-82.
Rudangga, I. G. N. G., & Sudiarta, G. M. (2016). Pengaruh Pertumbuhan Perusahaan Dan Leverage Terhadap Profitabilitas Dan Nilai Perusahaan. E-Jurnal Manajemen Universitas Udayana, 3(5), 4394-4422.
Sekaran, U., & Bougie, R. (2017). Research Methods for Business. United Kingdom: Jhon Wiley & Sons Ltd.
Sondakh, R. (2019). The effect of dividend policy, liquidity, profitability and firm size on firm value in financial service sector industries listed in Indonesia stock exchange 2015-2018 period. Accountability, 8(2), 91-101.
Sutama, D., & Lisa, E. (2018). Pengaruh leverage dan profitabilitas terhadap nilai perusahaan. JSMA (Jurnal Sains Manajemen Dan Akuntansi), 10(1), 21-39.
Widayanti, L. P. P. A., & Yadnya, I. P. (2020). Leverage, Profitabilitas, Dan Kepemilikan Manajerial Berpengaruh Terhadap Nilai Perusahaan Pada Perusahaan Real Estate Dan Property. E-Jurnal Manajemen, 9(2), 737-757.
Yanti, I. G. A. D. N., & Darmayanti, N. P. A. (2019). Pengaruh Profitabilitas, Ukuran Perusahaan, Struktur Modal, dan Likuiditas Terhadap Nilai Perusahaan Makanan dan Minuman. E-Jurnal Manajemen, 8(4), 2297-2324.