PEMODELAN KEBERPENGARUHAN STRUKTUR MODAL, LIKUIDITAS DAN PROFITABILITAS PADA NILAI PERUSAHAAN SUBSEKTOR OTOMOTIF DAN KOMPONEN DI BURSA EFEK INDONESIA TAHUN 2016-2022: PEMODELAN KEBERPENGARUHAN STRUKTUR MODAL, LIKUIDITAS DAN PROFITABILITAS PADA NILAI PERUSAHAAN SUBSEKTOR OTOMOTIF DAN KOMPONEN DI BURSA EFEK INDONESIA TAHUN 2016-2022
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PEMODELAN KEBERPENGARUHAN STRUKTUR MODAL, LIKUIDITAS DAN PROFITABILITAS PADA NILAI PERUSAHAAN SUBSEKTOR OTOMOTIF DAN KOMPONEN DI BURSA EFEK INDONESIA TAHUN 2016-2022
PEMODELAN KEBERPENGARUHAN STRUKTUR MODAL, LIKUIDITAS DAN PROFITABILITAS PADA NILAI PERUSAHAAN SUBSEKTOR OTOMOTIF DAN KOMPONEN DI BURSA EFEK INDONESIA TAHUN 2016-2022
Authors
Ulung Bima Saputra
FEB Unram
Iwan Kusmayadi
FEB Unram
Iwan Kusuma Negara
FEB Unram
Keywords:
Firm Value, Capital Structure, Liquidity and Profitability, Nilai Perusahaan, Struktur Modal, Likuiditas dan Profitabilitas
Abstract
This study aims to analyze the effect of capital structure, liquidity and profitability on the value of Automotive and Component Subsector companies on the Indonesia Stock Exchange in 2016-2022. This type of research is causal associative research with a quantitative approach. The data collection method used is the sample survey method. The population in this study were 13 companies. The sampling technique used purposive sampling, so that a sample of 8 companies was selected (56 observation data). The variables in this study are Capital Structure proxied by Long Term Debt to Equity Ratio (LTDER), Liquidity proxied by Current Ratio (CR), Profitability proxied by Return On Asset (ROA) and Firm Value proxied by Price to Book Value (PBV). The data analysis technique uses multiple linear regression analysis. The results of this study indicate that capital structure and liquidity have a negative and insignificant effect on firm value. Other findings show that profitability has a positive and significant effect on firm value