PENGARUH UKURAN PERUSAHAAN DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to determine the effect of firm size and financial performance on firm value. The financial performance was measured by Capital Adequacy Ratio, Non-Performing Loans, Return On Asset, and Loan Deposit Ratio. Moreover, the firm value was measured by Price to Book Value.The research was quantitative. The data were secondary in the form of companies’ financial statements listed on the Indonesia Stock Exchange. Furthermore, the population was 30 banking companies during 2019-2021. The data collection technique used purposive sampling. In line with that, there were 90 samples. Additionally, the data analysis technique used multiple linear regression with SPSS (Statistical Package for the Social Package for the Social Sciences). The result concluded that firm size (size) had a negative effect on firm value. However, financial performance referred to as CAR had a positive effect on firm value. In contrast, referred to as NPL, ROA, and LDR did not affect firm value.