Open AccessPENGARUH LEVERAGE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA
Author(s) -
Desiyusliani Lubis,
Liper Siregar,
Jubi Jubi,
Astuti Astuti
Publication year - 2018
Publication title -
sultanist : jurnal manajemen dan keuangan
Language(s) - English
Resource type - Journals
eISSN - 2686-2646
pISSN - 2338-4328
DOI - 10.37403/sultanist.v6i1.115
Subject(s) - stock exchange , profitability index , leverage (statistics) , business administration , indonesian , business , enterprise value , econometrics , accounting , mathematics , statistics , finance , linguistics , philosophy
The purpose of this research is to know the description of leverage, profitability and firm’s value and to determine influence of leverage and profitability to the firm’s value at Firm in Chemical Sub-Sector listed on the Indonesia Stock Exchange. The research design used in this research is library research. The analysis data technique used in this research are assumption classic test, qualitative and quantitative descriptive analysisThe result shown Ŷ = -0,055 + 1,502X1 + 6,689X2., Correlation coefficient of r = 0,463 and Rvalue of 0,214. The simultaneous test results Fcount>Ftable (5,051 > 3,25) or significant level obtained 0,011 ttable (2,162 > 2,02619) or significance level 0,037 ttable (3,134 > 2,026) or significance level 0,003 < 0,05, means profitability has significant effect on firm’s value at Firm in Chemical Sub-Sector listed on the Indonesian Stock Exchange.The result of this research suggests management companies should still optimize the use of corporate funds and increase sales. And for the next researchers should use or add to other research variables. Keywords: Leverage, Profitability, and Firm Value