Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol 1 No 1 (2020): Dinasti International Journal of Economics, Finance & Accounting (March- April 20

EFFECT OF PROFITABILITY, LEVERAGE, AND LIQUIDITY TO THE FIRM VALUE

Markonah Markonah (Lecture of Faculty of Economics and Business, Perbanas Institute, 12940, Jakarta, Indonesia)
Agus Salim (Lecture of Faculty of Economics and Business, Perbanas Institute, 12940, Jakarta, Indonesia)
Johanna Franciska (Student of Management, Faculty of Economics and Business,Perbanas Institute, 12940, Jakarta, Indonesia)



Article Info

Publish Date
25 Apr 2020

Abstract

This study aims to determine the effect of profitability (ROA), leverage (DER) and liquidity (CR) on corporate value (PBV) in food and beverage manufacturing companies listed on the Jakarta Stock Exchange. Research Methodology research uses the data panel regression analysis method with the model used is fixed effect. The results of the F test show that profitability (ROA), leverage (DER), and liquidity (CR) adequately explain the influence on firm value (PBV). Result of research show that profitability (ROA) and leverage (DER) have significant effect to company value variable (PBV) while variable of liquidity (CR) has no significant effect to company value variable (PBV). The results of Determination Coefficient Test showed that the proportion influence of profitability, leverage and liquidity to company value was 86%. While the rest of 14% influenced by other variables.

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Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...