Indonesian Journal of Economics and Management
Vol 1 No 2 (2021): Indonesian Journal of Economics and Management (March 2021)

Pengaruh CR, DER, dan ROA terhadap Nilai Perusahaan pada PT Jasa Marga Tbk Tahun 2010-2019

Wildan Dzulhijar (Politeknik Negeri Bandung)
Leni Nur Pratiwi (Politeknik Negeri Bandung)
Banter Laksana (Politeknik Negeri Bandung)



Article Info

Publish Date
31 Mar 2021

Abstract

This study aims to analyze the effect of current ratio, the ratio of debt to equity, and the ratio of the rate of return on assets to firm value at PT jasa marga (PERSERO) Tbk in 2010-2019. This study uses multiple linear regression statistical methods. The independent variables used in this study are current ratio (CR), debt to Equity (DER), and return on assets (ROA) while the dependent variable is price to book value (PBV) which is a proxy for firm value. The results obtained indicate that simultaneously the current ratio, debt to equity ratio and asset return ratio variables have a significant effect on firm value. Then partially current ratio and assets return ratio variables have no significant effect on firm value while debt to equity ratio has a negative significant effect on firm value.

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Journal Info

Abbrev

ijem

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Indonesian Journal of Economics and Management (IJEM) is a journal published by the Accounting Department of Politeknik Negeri Bandung, Indonesia. IJEM (Online ISSN: 2747-0695) published thrice a year (March, July, and November). The journal invites scholars, practitioners, and researchers to submit ...