PENGARUH LIKUIDITAS, PROFITABILITAS, LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN
DOI:
https://doi.org/10.34128/jra.v6i1.179Keywords:
liquidity, profitability, leverage, company sizeAbstract
This study aim to obtain empirical evidence regarding the effect of liquidity, profitability, leverage and company size on firm value in food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange for the periode 2018 – 2021. The populations in this study are all food and beverage sub-sector manufacturing companies and beverages listed on the Indonesia Stock Exchange for the period 2018 – 2021. The sample in this study was determined using a surposive sampling technique so that 96 samples were obtained In this study the data analysis.method used multiple linear regression analyysis with SPSS. The results of this study explain that liquidity as measured by the Current Ratio (CR), profitability as measured by the Return On Assets (ROA) ratio, and company size as measured by the natural logarithm of total sales have a significant positive effect on firm value, while leverage is measured by Debt to Asset Ratio (DAR) has a significant negative effect on business value.
References
Bon, S. F., & Hartoko, S. (2022). Pengaruh Kebijakan Dividen, Keputusan Investasi,. 7, 7–13. www.ejbmr.org
Brigham, E. F. dan F. J. Houston. 2014. Fundamental of Financial Management. Eleventh Edition. John Wiley dan Sons, Inc. USA. Terjemahan A. A. Yulianto. 2014. Dasar-Dasar Manajemen Keuangan. Edisi Kesebelas. Salemba Empat. Jakarta.
Devid, A., & Mujiyati. (2022). Pengaruh Tax Avoidance, Profitabilitas, Sales Growth, Leverage dan Ukuran Perusahaan terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan yang Tergabung dalam Indeks Lq45 Di BEI Periode 2018-2020). Accounting Global Journal, Vol.6, No, 12–27.
Dwiastuti, D. ., & Dillak, V. . (2019). Pengaruh Ukuran Perusahaan, Leverage, Kebijakan Dividen dan Profitabilitas terhadap Nilai Perusahaan. Jurnal Aset (Akuntansi Riset), 11(1)(2), 137–146. https://doi.org/10.17509/jaset.v11i1.16841
Dwiputra, T., & Viriany. (2020). Pengaruh Profitabilitas , Ukuran Perusahaan ,. Jurnal Multiparadigma Akuntansi Tarumanagara, 2, 982–990.
Fitriana, N. L., & Purwohandoko, P. (2022). Pengaruh Leverage, Likuiditas dan Profitabilitas terhadap Nilai Perusahaan pada Airlines Company Listed IDX 2011-2020. Jurnal Ilmu Manajemen, 10(1), 39–50. https://doi.org/10.26740/jim.v10n1.p39-50
Gz, A. A., & Lisiantara, G. A. (2022). Pengaruh profitabilitas, struktur modal, ukuran perusahaan, likuiditas dan kebijakan dividen terhadap nilai perusahaan. Owner, 6(4), 3974–3987. https://doi.org/10.33395/owner.v6i4.1030
Iman, C., Sari, F. ., & Pujiati, N. (2021). Tinjauan Teoritis Likuiditas Dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal Ilmiah Akuntansi Kesatuan, 19 No.2(3), 191–198. https://doi.org/https://doi.org/10.31294/jp.v17i2
Khoeriyah, A. (2020). Pengaruh Ukuran Perusahaan, Profitabilitas, Cash Holding, Debt To Equity Ratio Dan Net Profit Margin Terhadap Perataan Laba. Profita : Komunikasi Ilmiah Akuntansi dan Perpajakan. Profita: Komunikasi Ilmiah Akuntansi Dan P, 13(1)(April), 58–72. http://dx.doi.org/10.22441/profita.2020.v13i1.005
Larizki, T. ., Novelina, K., Pakpahan, R. ., & Hutabarat, A. (2019). 210-49-478-2-10-20190813. JURNAL ILMIAH SOCIOSECRETUM, Volume 9 N, 63–75.
Natalie, V., & Lisiantara, G. A. (2022). Pengaruh Profitabilitas (ROA), Likuiditas (AKO), Ukuran Perusahaan (SIZE), dan Leverage (LTDER) terhadap Nilai Perusahaan. Owner, 6(4), 4175–4186. https://doi.org/10.33395/owner.v6i4.1057
Novitasari, T., & Sunarto. (2021). the Effect of Capital Structure, Firm Size, Firm Growth, and Profitability on Firm Value (Empire Study on Mining Sector Companies Listed on the Indonesia Stock Exchange 2015-2020). Audit Dan Sistem Informasi Akuntansi), 5(3), 512–525.
Nugraha, R. ., & Alfarisi, M. . (2020). 627-1534-1-PB. 5 no 2, 370–377. https://journal.stieamkop.ac.id/index.php/mirai%0APENGARUH
Nurminda, A., Isynuwardhana, D., & Nurbaiti, A. (2017). PENGARUH PROFITABILITAS THE INFLUENCE OF PROFITABILITY, LEVERAGE, AND FIRM SIZE TOWARD FIRM VALUE (Study of Manufacture Companies Goods and Foods Sub Sector Listed in Indonesia Stock Exchange 2012-2015). E-Proceeding of Management, 4 No. 1, 542–549.
Oktaviarni, Fakhrana. 2019. “The Effect Of Profitability, Liquidity, Leverage, Dividend Policy, And Sizes On Company Value (Empirical Study of Real Estate, Property and Building Construction Sector Companies Registered on the Indonesia Stock Exchange 2014-2016).†Jurnal Akuntansi 9(1):1–16.
Putra, R. D., & Gantino, R. (2021). UEU Jurnal. Jurnal Bisnis Dan Manajamen, 11(1), 81–96.
Putri, M. ., & Sunarto. (2022). Pengaruh Leverage, Ukuran Perusahaan dan Kebijakan Dividen terhadap Nilai Perusahaan. Akuntansi, 5 No.1(1), 2622–2205. https://doi.org/(https://creativecommons.org/licenses/by/4.0/
Putri, N. A., & Sakir, A. (2022). Pengaruh Profitabilitas Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Dengan Struktur Modal Sebagai Variabel Intervening Pada Perusahaan Sektor Industri Barang Konsumsi Yang Tercatat Di Bursa Efek Indonesia (Bei). Jurnal Ilmiah Mahasiswa Ekonomi Manajemen SINTA, 4(1), 166–190. http:jim.unsyiah.ac.id/ekm
Putri, S. S. . (2020). Leverage , Firm Size Dan Profitabilitas Terhadap Nilai Perusahaan Pada Industri Tekstil Laverage, Firm Size and Profitability of the Company’S Value in Textile Industry. Measurement, 14(1), 48–54. www.idx.co.id
Putri, S. S. ., & Wahyuningsih, E. M. (2021). Firm Size , Laverage , Profitabilitas , Likuiditas , Kebijakan Deviden Terhadap Nilai Perusahaan. Akuntabel, 18(1), 41–50.
Santoso, B. A., & Junaeni, I. (2022). Pengaruh Profitabilitas, Leverage, Ukuran Perusahaan, Likuiditas, dan Pertumbuhan Perusahaan Terhadap Nilai Perusahaan. Owner, 6(2), 1597–1609. https://doi.org/10.33395/owner.v6i2.795
Susanti, D. ., Oktaviani, R. ., Sunarto, S., & Nurhayati, I. (2019). DETERMINAN NILAI PERUSAHAAN Program Studi Akuntansi , Fakultas Ekonomika Dan Bisnis , Universitas Stikubank Semarang. MADIC, September, 134–138.
Syahrizal, A., Anita, E., & Anik. (2022). Pengaruh Profitabilitas, Leverage dan Firm Size Terhadap Nilai Perusahaan (Studi pada Perusahaan Bidang Property dan Real Estate di Indonesia Sharia Stock Index 2016-2020). Jurnal Ilmiah Ekonomi Islam, 8(1), 848. https://doi.org/10.29040/jiei.v8i1.4520
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Alfa Dwi Wahyuningrum, Sunarto Sunarto
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
