EFFECT OF PROFITABILITY, LEVERAGE, AND LIQUIDITY TO THE FIRM VALUE

Authors

  • Markonah Markonah Lecture of Faculty of Economics and Business, Perbanas Institute, 12940, Jakarta, Indonesia
  • Agus Salim Lecture of Faculty of Economics and Business, Perbanas Institute, 12940, Jakarta, Indonesia
  • Johanna Franciska Student of Management, Faculty of Economics and Business,Perbanas Institute, 12940, Jakarta, Indonesia

DOI:

https://doi.org/10.38035/dijefa.v1i1.225

Keywords:

Return on Assets (ROA), Debt to Equity Ratio (DER), Current Ratio (CR) dan Price Book Value (PBV).

Abstract

This study aims to determine the effect of profitability (ROA), leverage (DER) and liquidity (CR) on corporate value (PBV) in food and beverage manufacturing companies listed on the Jakarta Stock Exchange. Research Methodology research uses the data panel regression analysis method with the model used is fixed effect. The results of the F test show that profitability (ROA), leverage (DER), and liquidity (CR) adequately explain the influence on firm value (PBV). Result of research show that profitability (ROA) and leverage (DER) have significant effect to company value variable (PBV) while variable of liquidity (CR) has no significant effect to company value variable (PBV). The results of Determination Coefficient Test showed that the proportion influence of profitability, leverage and liquidity to company value was 86%. While the rest of 14% influenced by other variables.

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Published

2020-04-25

Issue

Vol. 1 No. 1 (2020): Dinasti International Journal of Economics, Finance & Accounting (March- April 2020)

Section

Articles

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