PENGARUH LIKUIDITAS, PROFITABILITAS DAN LEVERAGE TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTURDI BURSA EFEK INDONESIA

Abstract

This research aimed to find out the effect of liquidity, profitability, and leverage on the firm value of some companies which were listed on Indonesia Stock Exchange (IDX). The research was quantitative. It focused on testing the hypothesis with mathematical and statiscal equations. While, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 72 companies as sample. Moreover, the data were secondary, which in the form of annual report of companies which were listed on Indonesia Stock Exchange during 2016-2018, Moreover, the companies which became the sample were the ones used rupiah as its currency. Besides, they had no its regular financial report. In addition, the data analysis technique used SPPS 23. The research result concluded liquidity had significant effect on the firm value of some companies which were listed on Indonesia Stock Exchange. Likewise, profitability had significant effect on the firm value of some companies which were listed on Indonesia Stock Exchange. Similar to liquidity and profitability, leverage had significant effect on the firm value of some companies which were listed on Indonesia Stock Exchange.Adjusted R Square of 0.349 or 34.9% which shows that 34.9% changes in company value can be explained by liquidity, profitability and leverage and the remaining 65.1% is influenced by other variables.
Keyword : Liquidity, Profitability, Leverage on Firm value