PENGARUH UKURAN PERUSAHAAN, PROFITABILITAS DAN UTANG TERHADAP NILAI PERUSAHAAN FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA
Abstract
This study aims to prove the effect of company size, profitability and debt on the value of food and beverage companies listed on the Indonesia Stock Exchange. The population used is all food and beverage companies listed on the IDX. The data collection technique in this study was carried out using the documentation method with the sampling method, namely the purposive sampling method, obtained a sample of 8 companies with a total of 40 observations. The data analysis technique used by the researcher was multiple linear regression analysis. The results of the study indicate that the size of the company has no significant positive effect on the value of food and beverage companies listed on the Indonesia Stock Exchange. Profitability has a significant positive effect on the value of food and beverage companies listed on the Indonesia Stock Exchange. Debt has an insignificant negative effect on the value of food and beverage companies listed on the Indonesia Stock Exchange. The determination test shows the adjusted R2 value of 0.344, meaning that the firm value variable can be explained by the three independent variables of firm size, profitability and debt of 34.4%, while the remaining 65.6% in this study is explained by other factors not included in the regression model.
Keywords: firm value, firm size, profitability, debt
