Open AccessInfluence of profitability on firm value: Data from transportation sector
Author(s) -
Supitriyani Supitriyani,
Astuti Astuti,
Khairul Azwar
Publication year - 2021
Publication title -
jurnal inovasi ekonomi
Language(s) - English
Resource type - Journals
eISSN - 2686-3804
pISSN - 2477-4804
DOI - 10.22219/jiko.v7i01.18679
Subject(s) - profitability index , stock exchange , market liquidity , nonprobability sampling , enterprise value , business , stock (firearms) , monetary economics , econometrics , economics , finance , mechanical engineering , population , demography , sociology , engineering
This study aimed to analyze and test the effect of stock returns, activity, profitability, and liquidity on firm value. We are using a sample of 14 companies obtained through the purposive sampling method on the transportation sub-sector companies listed on the Indonesia Stock Exchange. The results of this study indicate that stock returns, activity, profitability, and liquidity have a significant effect on firm value simultaneously. Partially, stock returns and profitability have a significant positive impact; activity has no significant positive impact, and liquidity has a significant negative effect on firm value.