PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGES YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine the effect of firm size which was referred to as Ln Total Asset, profitability which was referred to as Return On Assets (ROA), and leverage which was referred to as Debt to Asset Return (DAR) on firm value which was referred to as Price to Book Value (PBV). The population was 24 Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) 2017-2021. Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 11 companies in the sample. Furthermore, the data analysis technique used multiple linear regression with SPSS 25. The result of the hypothesis test concluded that firm size had a negative and insignificant effect on firm value. However, profitability had a significantly positive effect on firm value. Likewise, leverage had a significantly positive effect on the firm value of Food and Beverage companies listed on the Indonesia Stock Exchange (IDX) 2017-2021.