PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of liquidity, leverage, and profitability on the firm value, through annual financial statements which had been published by Chemicals Sub-sector Manufacturing companies during 2019-2021. The research was quantitative. Moreover, the population was 10 Chemicals Sub-sector Manufacturing companies listed on IDX during 2019-2021. The data collection technique used purposive sampling, in which the sample was based on the criteria given. Furthermore, the data analysis technique used descriptive analysis and multiple linear regression with SPSS 25. The result of the classical assumption test using the normality test, autocorrelation test, multicollinearity test, and heteroscedasticity test showed that all variables had fulfilled the criteria. While the hypothesis test showed that the regression model was properly used. Additionally, it concluded that liquidity did not affect firm value. However, leverage affected firm value. In contrast, profitability did not affect the firm value of Chemicals Sub-sector Manufacturing companies.