FAKTOR-FAKTOR KEPUTUSAN KEUANGAN YANG MEMPENGARUHI NILAI PERUSAHAAN

Abstract

This study aims to test the impact of the Price Earning Ratio, the Debt to Equity Ratio and the firms size (SIZE) toward the firm value (PBV) of the Food and Baverages companies which are registered in Indonesia’s Stock Exchange in 2015-2019. The method of this analysis is quantitative, the samples are collacted by applying the purposive sampling. From 27 companies as the population, there are 11 companies as the samples with 5 years observing 5 tahun (2015-2019). This analysis applies the multiplle liniear regression. The result of this study shows that the investing decision gives positive impact to the firm value. It shows that the accurate investing decision will produce the maximum performance that gives positive signals to the investors that improve the share price and the firm value. The funding decision gives positive impact to the firm value. It shows that decision becomes the consideration factor for the investors for investing their capitals to the companies and it becomes the referance for others to give impact toward the firm value. The firm size gives negative impact to the firm value. It is caused by the possibility of the amount of the total assets as the firm value which has not given a trust to the investors for the companies ability in handling the assets.
Keywords: the investing decision, the funding decision, the firm size, the firm value.