Pengaruh likuiditas, ukuran perusahaan, profitabilitas, dan struktur modal terhadap nilai perusahaan

Authors

  • Nawang Sari Wijaya Universitas Stikubank Semarang
  • Ika Rosyada Fitriati Universitas Stikubank Semarang

DOI:

https://doi.org/10.32670/fairvalue.v4i12.1870

Keywords:

Liquidity; Firm size; Profitability; Capital structure; Firm value

Abstract

The principal objective of the company is to build the worth of the company. The importance of company value because high company value will bring high investor growth. The worth of the company is also known as market capitalization, because if the company’s stock price increases, the value of company can bring the best developments for investors. The study is expected to analyze and test the effect of liquidity, firm size, profitability, and capital structure on firm value. The populace utilized in this study are Property and Real Estate companies recorded on the Indonesia Stock Exchange (IDX) in 2016-2020 with a final sample of 197. The sample method used in this research is multiple linear regression analysis use the IBM SPSS 26 program. The conclusion this is research simultaneously the variables of liquidity, firm size, profitability, and capital structure have an effect on firm value. While partially for liquidity variable has a negative effect in firm value, firm size and profitability have a positive effect on firm value, while capital structure
has no effect on firm value.

References

Alifiani, R. A., Sutopo, S., & Noviandari, I. (2020). Pengaruh profitabilitas, likuiditas dan kebijakan

dividen terhadap nilai perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI).

EkoBis: Jurnal Ekonomi & Bisnis, 1(1), 1–7.

Chasanah, A. N., & Adhi, D. K. (2018). Profitabilitas, struktur modal dan likuiditas pengaruhnya

terhadap nilai perusahaan pada perusahaan real estate yang listed di BEI tahun 2012-2015. Fokus

Ekonomi: Jurnal Ilmiah Ekonomi, 12(2), 109–128.

Ghozali, I. (2018). Aplikasi analisis multivariate dengan program IBM SPSS 25. Undip.

Hirdinis, M. (2019). Capital structure and firm size on firm value moderated by profitability.

Idris, A. (2018). Ekonomi publik. Deepublish.

Jayaningrat, I. G. A. A., Wahyuni, M. A., & Edy Sujana, S. E. (2017). pengaruh leverage, profitabilitas,

likuiditas, kebijakan deviden, kepemilikan manajerial, dan kepemilikan institusional terhadap

nilai perusahaan pada perusahaan properti dan real estate di bursa efek indonesia tahun 2013-2015.

JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha, 7(1).

Jayanti, F. D. (2018). Pengaruh profitabilitas, struktur modal, likuiditas dan ukuran perusahaan terhadap

nilai perusahaan. JBE (Jurnal Bingkai Ekonomi), 3(2), 34–44.

Jihadi, M., Vilantika, E., Hashemi, S. M., Arifin, Z., Bachtiar, Y., & Sholichah, F. (2021). The effect

of liquidity, leverage, and profitability on firm value: Empirical evidence from Indonesia. The

Journal of Asian Finance, Economics and Business, 8(3), 423–431.

Khasana, F. A., & Triyonowati, T. (2019). Pengaruh leverage, likuiditas, profitabilitas terhadap nilai

perusahaan pada perusahaan property and real estate di BEI. Jurnal Ilmu Dan Riset Manajemen

(JIRM), 8(1).

Kusumawati, R., & Rosady, I. (2018). Pengaruh struktur modal dan profitabilitas terhadap nilai

perusahaan dengan kepemilikan manajerial sebagai variabel moderasi. Jurnal Manajemen Bisnis,

(2), 147–160.

Lubis, I. L., Sinaga, B. M., & Sasongko, H. (2017). Pengaruh profitabilitas, sruktur modal, dan likuiditas

terhadap nilai perusahaan. Jurnal Aplikasi Bisnis Dan Manajemen (JABM), 3(3), 458.

Markonah, M., Salim, A., & Franciska, J. (2020). Effect of profitability, leverage, and liquidity to the

firm value. Dinasti International Journal of Economics, Finance & Accounting, 1(1), 83–94.

Nugraha, R. A., & Alfarisi, M. F. (2020). Pengaruh profitabilitas, leverage, likuiditas dan ukuran

perusahaan terhadap nilai perusahaan. Jurnal Mirai Management, 5(2).

Nurwulandari, A. (2021). Effect of liquidity, profitability, firm size on firm value with capital structure

as intervening variable. ATESTASI: Jurnal Ilmiah Akuntansi, 4(2), 257–271.

Permana, A., & Rahyuda, H. (2019). Pengaruh profitabilitas, solvabilitas, likuiditas, dan inflasi terhadap

nilai perusahaan. E-Jurnal Manajemen Unud, 8(3), 1577–1607.

Santa Dwipa, I. K., Kepramareni, P., & Yuliastuti, I. A. N. (2020). Pengaruh leverage, likuiditas,

profitabilitas dan ukuran perusahaan terhadap nilai perusahaan. Kumpulan Hasil Riset Mahasiswa

Akuntansi (KHARISMA), 2(1).

Sugiyono. (2018). Kualitatif, kuantitatif dan R&D. Alfabeta.

Yanti, I. G. A. D. N., & Darmayanti, N. P. A. (2019). Pengaruh profitabilitas, ukuran perusahaan,

struktur modal, dan likuiditas terhadap nilai perusahaan makanan dan minuman. Udayana

University.

Downloads

Published

2022-07-25

How to Cite

Wijaya, N. S., & Fitriati, I. R. . (2022). Pengaruh likuiditas, ukuran perusahaan, profitabilitas, dan struktur modal terhadap nilai perusahaan. Fair Value: Jurnal Ilmiah Akuntansi Dan Keuangan, 4(12), 5606–5616. https://doi.org/10.32670/fairvalue.v4i12.1870