VALUE: Journal of Business Studies
Vol 2 No 1 (2023): VALUE: Journal of Business Studies

ANALISIS PENGARUH RASIO KEUANGAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR INFRASTRUKTUR, UTILITAS, DAN TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2020

Berlian Dea Permatasari (Universitas Jember)
Lilik Farida (Fakultas Ekonomi dan Bisnis, Universitas Jember, Indonesia)
Susanti Prasetiyaningtiyas (Fakultas Ekonomi dan Bisnis, Universitas Jember, Indonesia)
Intan Nurul Awwaliyah (Fakultas Ekonomi dan Bisnis, Universitas Jember, Indonesia)
Ahmad Ahsin Kusuma (Universitas Jember)



Article Info

Publish Date
31 May 2023

Abstract

This study aims to analyze the effect of financial ratios on firm value in infrastructure, utility, and transportation sector companies listed on the Indonesia Stock Exchange. The research data is secondary data (pooling data) obtained from the financial statements of companies in the infrastructure, utilities, and transportation sectors listed on the Indonesia Stock Exchange during the 2016-2020 period. The research method used is Multiple Linear Regression Analysis. The population in this study consisted of infrastructure, utility, and transportation companies listed on the Indonesia Stock Exchange. Sampling was done by purposive sampling technique and obtained as many as 40 companies according to the criteria. The test results show that the activity ratio (TATO) at alpha 5% has a significant effect on firm value (PBV) and the leverage ratio (DAR) at alpha 1% has a significant effect on firm value (PBV). While the liquidity ratio (Cash Ratio) and profitability ratio (ROE) have no significant effect on firm value (PBV).

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Journal Info

Abbrev

value

Publisher

Subject

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

Description

The publication in the Journal lays emphasis on works at the cutting edge of business studies which have not been published everywhere. The Journal covers the discussion of (1) the activities, strategies, structures and decision making processes of profit and non-profit organization or enterprises; ...