PENGARUH PROFITABILITAS, LIKUIDITAS DAN LEVERAGE TERHADAP NILAI PERUSAHAAN FARMASI DI BEI

Abstract

This research aimed to determine this effect of profitability, liquidity and leverage on firm value of
pharmaceutical companies which were listed on Indonesia Stock Exchange (IDX). The population was 9
pharmaceutical companies which were listed on Indonesian Stock Exchange during 2013-2018. Moreover, the
data collection technique used purposive sampling, in which the sample was based on criteria given. In line with,
there were 6 pharmaceutical companies as sample. Futhermore, the data analysis technique used multiple linear
regression with SPSS (Statistical Product and Service Solutions) 25. According to data analysis result, it
concluded profitability had insignificant effect on firm value of pharmaceutical companies which were listed on
Indonesian Stock Exchange (IDX). On the other hand, liquidity had significant effect on firm value of
pharmaceutical companies which were listed on Indonesian Stock Exchange (IDX). Likewise, leverage had
significant effect on firm value of pharmaceutical companies which were listed on Indonesian Stock Exchange
(IDX).
keywords: profitability, liquidity, leverage, firm value