JER
Vol. 6 No. 1 (2023): March-August

The Effect of Liquidity and Leverage on Firm Value Through Profitability at PT. Indofood Sukses Makmur Tbk

Ripaluddin Ripaluddin (a:1:{s:5:"en_US"
s:43:"STIM Lembaga Pendidikan Indonesia, makassar"
})

Milka Pasulu (STIM Lembaga Pendidikan Indonesia, Makassar)
Ansar Taufiq (STIM Lembaga Pendidikan Indonesia, Makassar)



Article Info

Publish Date
15 Jan 2023

Abstract

The purpose of this study was to analyze and determine the effect of liquidity and leverage on firm value through profitability at PT. Indofood Sukses Makmur, Tbk. Quantitative research methods were processed using the Structural Aquation Modeling Partial Least Square(SEM-PLS) and Warp Pls 8.0 applications. Research population data from secondary data obtained from financial reports and annual reports per quarter I-IV on the Indonesia Stock Exchange for the period 2019-2021.  The results of this study indicate that liquidity and leverage have a positive and significant effect on firm profitability, but on firm value, the effect of liquidity and leverage is negative, while profitability has no significant effect on firm value.

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Journal Info
JER

Abbrev

JER

Publisher

Subject

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

Description

Jurnal Economic Resource_(JER) is open access. This journal is published in _ March & September. Journal of Economic Resources|e-ISSN 2620-6196] is a peer-reviewed journal published twice a year (March & September) by the Faculty of Economics and Business, Universitas Muslim Indonesia_UMI. Journal ...