PENGARUH PROFITABILITAS, SOLVABILITAS, DAN AKTIVITAS TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BEI

Abstract

The food and beverage companies are fast developed companies in Indonesia, it happens the increasing number of the citizens in Indonesia. So that the prospect is beneficial for all parties. This condition is beneficial for impoving the firm value. This study aims to see the effect of Profitability (NPM), Solvability (DAR), and Activities (TATO) on the value of food and beverage companies listed on the Indonesia Stock Exchange (BEI). This period whichis applied was 2015 to 2019. The technique of this study purposive sampling so that a sample of 13 companies was obtained. This study applies the multiple linear regression analysis. Therefore, the result shows the profitability gives positive and significant impact to the firm value, which means the increasing or the decrasing profitabilty has meaningful impact to the firm value. The solvabilty gives positiv and significant impact to the firm value, which means the increasing or decreasing solvability has meaningful impact to firm value, and the activities gives positive and insignificant impact to the firm value, which means he increasing or the decreasing activities will not cause big impacts to the firm value. It would be proper food and beverage companies pay more attention on the profitability and activities since the obtain good results, so it will be the standard od succes for the companies. However, the solvability neds to be paid attention since the higher solvabilty, the bigger profit they will obtain, so it will boost the investors’ trust to the companies to invest.
keyword : the profitability, the solvability, activities, the firm value