PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

Abstract

The firm value is reflected from the assets value which is owned by the company such as the securities. Stock is one of the securities which are published by the company, the high or low of the stock price is influenced by the condition of the issuer. The firm value is very important because when the firm value is high it will be followed by high prosperity of the stakeholder, when the stock price is high, it will be followed by the high firm value. There are many factors which influence the firm value. This research is meant to find out the influence of profitability, leverage and liquidity to the firm value. The samples are 38 manufacturing companies which are listed in Indonesia Stock Exchange. The sample collection technique has been done by using purposive sampling. The data analysis technique has been done by performing classic assumption test and multiple linear regressions.
The result of this research shows that Return on Equity has an influence to the firm value, Current Ratio does not have any influence to the firm value and Debt to Equity Ratio does not have any influence to the firm value.
Keywords: Return on Equity, Current Ratio, Debt to Equity Ratio, Firm Value.