Pengaruh Profitabilitas, Likuiditas, Ukuran Perusahaan, dan Struktur Modal Terhadap Nilai Perusahaan pada Perusahaan Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia pada Periode 2018-2023

Abstract

This study aims to determine and analyze the Effect of Profitability, Liquidity, Company Size, and Capital Structure on Company Value in the Food and Beverage Firm Listed on the Indonesia Stock Exchange in the 2018-2023 Period both simultaneously and partially. The research approach is quantitative. The population in this study is the financial statements of the food and beverage industry sub-sector companies listed on the Indonesia Stock Exchange with a range from 2018-2023. The sampling method uses purposive sampling method, namely sampling based on certain criteria. Of the 30 populations taken from the food and beverage industry sub-sector companies listed on the Indonesia Stock Exchange in the 2018-2023 period, 10 companies met the criteria, so the sample used was 10 samples with 6 observations starting from 2018-2023, so the study required 60 observation data (10 companies x 6 years). The results of this study indicate that (1) Profitability as measured by Return On Assets has a significant and positive effect on the value of the Company (2) Liquidity as measured by Current Ratio has a significant and positive effect on the value of the Company (3) Company Size as measured by SIZE has a significant and positive effect on the value of the Company (4) Capital Structure as measured by Debt To Equity Ratio has a significant and positive effect on the value of the company (5) Profitability, liquidity, capital structure, and company size together (simultaneously) affect the value of the Company.