Open AccessANALISIS PENGARUH PROFITABILITAS DAN LIKUIDITAS TERHADAP NILAI PERUSAHAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA
Author(s) -
Eduardus Yemri Tanapuan Yemri Tanapuan
Publication year - 2022
Publication title -
jurnal bisnisman
Language(s) - English
Resource type - Journals
eISSN - 2686-0473
pISSN - 2686-4789
DOI - 10.52005/bisnisman.v3i3.46
Subject(s) - current ratio , return on assets , stock exchange , market liquidity , profitability index , return on equity , business , enterprise value , nonprobability sampling , econometrics , variables , business administration , financial system , mathematics , statistics , finance , population , demography , sociology
The study was conducted to analyze the effect of the Profitability variable as proportioned to the Return on Equity (ROE) and Return on Assets (ROA) and the Liquidity variable which was proportional to the Current Ratio (CR) and Fast Ratio (QR) on Firm Value. The data were obtained using the purposive sampling method with the following criteria: (1) Food and beverage sector companies that have been listed on the Indonesia Stock Exchange (IDX) during the Research period (2015 to 2019), and (2) companies that present successive financial reports during the study period (2015 to 2019). From these criteria, obtained a sample of 12 companies from 28 companies that will be used as research objects. The results of the study show that Return On Equity (ROE) and Return On Assets (ROA) have an effect on firm value, meaning that the profitability variable has a positive effect on firm value. Meanwhile, Current Ratio (CR) and Quick Ratio (QR) have no effect on firm value, meaning that the liquidity variable has a negative effect on firm value.