PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS, DAN LEVERAGE, TERHADAP NILAI PERUSAHAAN MAKANAN DAN MINUMAN DI BEI

Abstract

This research is aimed to examine whether firm size, profitability, and leverage give influence to the firm values which are listed in Indonesia Stock Exchange. Firm size is measured by using total asset log, profitability is measured by using ROA (Return on Asset) ratio, Leverage is mesured by using DAR (Debt Asset Ratio) and firm value is measured by using Tobin’s Q ratio. The data is the secondary data in the form of annual report of each food and beverages company which is listed in Indonesia Stock Exchange during three periods i.e. from 2014 to 2016. The samples have been selected by using purposive sampling method and have met the sample selection criteria. The samples in this research are 12 food and beverages companies. The hypothesis test has been done by using F significance test and t statistics test. The result of the research shows that firm size gives negative and insignificance influence to the firm value, profitability which is measured by using ROA gives significance and positive influence to the firm value and Leverage gives negative and significance influence to the firm value.
Keywords: firm size, profitability, leverage, firm value