Author:
Nabila Farah,Hapsari Mega Tunjung
Abstract
This study examines the effect of profitability, firm size, and leverage on firm value. Profitability is proxied by return on equity, company size, and leverage is proxied by the debt-to-equity ratio. This study used a type of quantitative research. The technique used in sampling this research used a purposive sampling method; namely, the selection of samples was carried out according to predetermined criteria. There were 28 samples in the study whose data were taken from pharmaceutical companies, namely PT. Kalbe Farma Tbk is listed on the Jakarta Islamic Index (JII) for the 2015–2021 period. The data analysis method used is multiple linear regression analysis. Based on the study's results, profitability appears to have no positive effect on firm value. Firm size has a positive effect on firm value. Leverage has no positive effect on firm value.
Reference28 articles.
1. Ali, J., Faroji, R., & Ali, O. (2021). Pengaruh Profitabilitas Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi Di Bursa Efek Indonesia Tahun 2017-2019). Jurnal Neraca Peradaban, 128-135.
2. Al-Slehat, Z. A. (2020). Impact Of Financial Leverage, Size, And Assets Structure On Firm Value : Evidence From Industrial Sector, Jordan. Canadian Center Of Science And Education, 109-120.
3. Ambarwati, J., & Vitaningrum, M. R. (2021). Pengaruh Likuiditas Dan Profitabilitas Terhadap Nilai . Jurnal Akuntansi Dan Keuangan, 127-130.
4. Astuti, N. B., & Yadnya, I. (2019). Pengaruh Profitabilitas, Likuiditas, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Melalui Kebijakan Dividen. E-Jurnal Manajemen Universitas Udayana, 3275-3302.
5. Aulia, A. N., Mustikawati, R. I., & Hariyanto, S. (2020). Profitabilitas, Ukuran Perusahaan Dan Intellectual Capital Terhadap Nilai Perusahaan. Journal Riset Mahasiswa Manajemen (Jrmm), 1-7.