PENGARUH LIKUIDITAS, LEVERAGE, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN CONSTRUCTION

Abstract

This research aimed to analyze the effect of liquidity, leverage, and profitability on the firm value of
construction listed on the Indonesia Stock Exchange (IDX) during the 2016-2020 period. Liquidity was
proxy with Current ratio (CR), Leverage was proxy with Debt to Equity Ratio (DER), and Profitability
was proxy with Return on Equity (ROE). The research was quantitative with a purposive sampling
method, it obtained 12 companies samples from the total population was 19 companies. Furthermore,
the analysis method of this research used multiple linear regression analysis, classic assumption test,
mode feasibility test, and hypothesis test with the instrument tool of SPSS software 25.0 (Statistical
Product and Service Solution). The research results from those tests stated that liquidity had a positive
and significant effect on the firm value, leverage had a positive and insignificant effect on the firm
value, and profitability had a positive and insignificant effect on the firm value.