PENGARUH KINERJA KEUANGAN DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research is meant to examine the influence of financial performance and firm size to the firm value of food
and beverages companies which are listed Indonesia Stock Exchange. The ratios which have been applied to
measure the influence of financial performance and firm size are profitability, liquidity, leverage, and firm size.
The number of population is 15 companies during 2012-2014 periods. the amount of sample is used 11
companies in accordance with the criteria. the sample has been selected by using purposive sampling technique.
The analysis method has been carried out by using multiple linear regressions analysis. Based on the result of F
test the models which have been constructed have met the criteria. The result of determination coefficient has
proven that independent variables give influence to the dependent variable. The result of the hypothesis test
shows that profitability and leverage give influence to the firm value which means that when profitability is
getting large, the firm value is getting high as well, it means that the company is capable to give additional value
to its firm value and leverage shows that when the leverage is getting high, it will enhance its firm value which
means the company is capable to pay off their long term account receivables whereas liquidity and firm size does
not give any influence to te firm value which means that liquidity and firm size is not considered by investors in
conducting assessment on a company
Keywords: Profitability, liquidity, leverage, firm size, firm value.