PENGARUH PROFITABILITAS DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research examined the effect of profitability and firm size on firm value. The profitability was measured by Return On Assets (ROA), and firm size was measured by the Logarithm Natural of Total Asset. Moreover, the firm value was measured by Price Book Value (PBV). The research was quantitative. Furthermore, the population was various industries listed on the Indonesia Stock Exchange (IDX). The data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 50 Food and Beverage companies as the sample. Additionally, the data were taken for 4 years (2018-2021). Therefore, 200 data samples were analyzed. The data were secondary, which in the form of financial statements, annual reports, and sustainability reports. In addition, the data analysis technique used multiple linear regression with SPSS. The result showed that profitability had a positive effect on firm value. Similarly, firm size affected firm value.