PENGARUH PROFITABILITAS, LEVERAGE, DAN KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE

Abstract

The main objective of a company is to maximize its firm value. Therefore, the firm value is essential as the
firmvalue becomes investors’ perception of the company’s succes which is related to stock price. This research
aimed to find out the effect of profitability, leverage, and managerial ownership on firm value. The study was
quantitative. The population was Food and baverage companies that were listed on IDX during 2016-2020.
Furthermore, the data collection technique used saturated sampling. IN line with that,there were 10 samples of
Food and Baverage companies. The data analysis technique used multiple linear regression with SPSS 25. The
result of the hypothesis (t-test) test concluded that profitability, as well as leverage, had a significantly positive
effect on firm value. However, managerial ownership had a postive but insignificant effect on firm value.
Additionally, the regression coefficient value (R2) was 0,920. It meant that the contribution of all independent
variables explained the dependent variable for about 0,920, and the rest of 0,80 was affected by other variables
which out of the research.