ANALISIS PENGARUH PROFITABILITAS DAN LIKUIDITAS TERHADAP NILAI PERUSAHAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Eduardus Yemri Tanapuan Yemri Tanapuan

doi:10.52005/bisnisman.v3i3.46

Eduardus Yemri Tanapuan Yemri Tanapuan University of Sarjanawiyata Tamansiswa Yogyakarta

DOI: https://doi.org/10.52005/bisnisman.v3i3.46

Abstract

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.