PENGARUH PROFITABILITAS, LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

A company through its financial manager should beable to run its function in managing finance
properly and as efficient as possible. The standard which is used to assess the success of a financial
managerin managing the finance of the company is from the firm value. The firm value can reflect the
condition of the company. There are many factors which can determine the firm value. This research is
conducted to test the influence of profitability, leverage, and firm size to the firm value on the
manufacturing companies which are engaged in the field of consumer goods industry which are listed
in Indonesia Stock Exchange.The samples are 22 manufacturing companies which are engaged in the
field of consumer goods industries which are listed in Indonesia Stock Exchange. The sample collection
technique has been carried out by using purposive sampling technique. The data is the secondary data.
The data analysis has been carried out by using classic assumption test, the multiple regressions
analysis and the hypothesis test which is done by using t test and F test with the level of significance
5% are used as the data analysis technique.The result of the analysis shows that profitability has
positive influence to the firm value, with the significance value 0.000 is smaller than α = 0.05 and the
regressions coefficient is 0,074. The leverage has negative influence to the firm value, with the
significance value 0.097 is bigger than α = 0.05 and the regressions coefficient is -1.641. The firm size
has positive influence to the firm value with the significance value 0.000 is smaller than α = 0.05 and
the regressions coefficient is 0.353.
Keywords: Profitability, Leverage, Firm Size and Firm Value.