PENGARUH RETURN ON EQUITY, LEVERAGE, UKURAN PERUSAHAAN, DAN PERTUMBUHAN PENJUALAN TERHADAP NILAI PERUSAHAAN
Abstract
This research aimed to examine the effect of Return On Equity (ROE), leverage, firm size and sales growth on firm value (PBV). While, the population was consumer goods companies which were listed on Indonesi Stock Exchange during 2015-2018. The research was quantitative. Moreover, the data collection technique used puposive sampling, in which the sample was based on criteria given. In line with, there were 25 companies from 61 consumer goods companies which were listed on Indonesia Stock Exchange during 2015-2018 as sample. In total, there were 100 data observation which were suitable with the criteria. Furthermore, the data analysis technique used multiple linear regression with SPSS 20. The research result concluded Return On Equity (ROE) had positive effect on firm value (PBV). Likewise, firm size had positive effect on firm value (PBV). On the other hand, leverage which was measured by Debt Equity Ratio (DER) and Sales Growth did not affect firm value (PBV).
Keywords: return on equity, leverage, firm size, sales growth, firm value (PBV)