Pengaruh Profitabilitas, Likuiditas dan Leverage terhadap Nilai Perusahaan (Studi pada Bank yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022)

Abstract

This research aims to analyze the influence of profitability, liquidity and leverage on company value (study of banks listed on the Indonesia Stock Exchange in 2018-2022). This research uses research objects on banks listed on the IDX. The variables observed are: profitability, liquidity and leverage and company value. This type of research is quantitative analysis using time series secondary data from 2008 to 2022 (time series) and cross-sections obtained from the BEI, OJK and BPS. The data analysis technique used is panel data regression equation analysis. The results of the research show that the t-value is 2.53 > 1.977 (t-table) and sig 0.0425 < 0.05, so H1 is accepted and H0 is rejected, it can be concluded that variable X1 (ROA) has a partially positive and significant effect on variable Y ( PBV). The t-calculated value is 3.740 > 1.977 (t-table) and sig 0.0003 < 0.05, then H2 is accepted and H0 is rejected, it can be concluded that variable X1 (LDR) has a negative and partially significant effect on variable Y (PBV). The t-value is 2.98 > 1.977 (t-table) and sig 0.0004 < 0.05, so H3 is accepted and H0 is rejected, it can be concluded that variable X3 (CAR) has a positive and partially significant effect on variable Y (PBV). The calculated F value of 4.764 is greater than the F table of 2.67 with a significance level of 0.000 which is much smaller than 0.05, so it can be concluded that the hypothesis H4 is accepted, which means the independent variables (ROA, LDR and CAR) have an effect simultaneously / together the same for the dependent variable (PBV).