PENGARUH PROFITABILITAS, LIKUIDITAS, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERKEBUNAN DI BEI

Abstract

This research aimed to find out the effect of profitability, liquidity, and Leverage on the firm value at plantation companies in the periods of 2014-2019 listed on the Inonesia Stock Exchange. The profitability was proxy by Return On Asset (ROA), while liquidity was proxy by the Current Ratio (CR), and Leverage was proxy by Debt Equity Ratio (DER). Furthermore this research was quantitative. The population of this research used 16 plantation companies in 2014-2019 were listed on the Indonesia Stock Exchange, by using purposive sampling method it obtained 7 companies used as the sample. In addition, the data analysis technique of this research used multiple linear regressions analysis with SPSS program 20 version. The result of this research showed with that liquidity (CR) and Leverage (DER) hada a positive effect but insignificant on the firm value, while profitability (ROA) had a positive and significant effects on the firm value.
Keywords: Profitability, liquidity, Leverage, firm value