PENGARUH PROFITABILITAS DAN FIRM SIZE TERHADAP NILAI PERUSAHAAN PADA SUB SEKTOR FOOD AND BAVERAGES DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine the effect of profitability and firm size on the firm value at food and baverages companies listed on the Indonesia Stock Exchange in 2017-2020 periods. Furthermore, the profitability measured by Return On Assets (ROA) and firm size was measured by Ln Total assets. The research was quantitative. The research population used 11 food and baverages listed on the Indonesia Stock Exchange in the 2017-2020 periods. Furthermore, the research sample collection technique used purposive sampling method i.e a sampling selection technique determined by the researcher, it obtained 44 samples from 26 food and baverages companies listed on the Indonesia Stock Exchange during 4 periods from 2017 until 2020. Moreover, the research analysis method used multiple linear regressions analysis wich was managed by SPSS 25.0 appliction. The research result indicated that Return On Asset (ROA) had a positive effect on the firm value. Meanwhile, the firm size had a negative efect on the firm value.