Impact of Profitability and Liquidity on Firm Value in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange (2018-2022)

Authors

  • Septi Melati Sekolah Tinggi Ilmu Ekonomi Hidayatullah Depok. Jawa Barat. Indonesia
  • Rifais Utomo Sekolah Tinggi Ilmu Ekonomi Hidayatullah Depok. Jawa Barat. Indonesia
  • Khairil Fathir Sekolah Tinggi Ilmu Ekonomi Hidayatullah Depok. Jawa Barat. Indonesia
  • M. Imron Hamzah Sekolah Tinggi Ilmu Ekonomi Hidayatullah Depok. Jawa Barat. Indonesia

DOI:

https://doi.org/10.56457/tjm.v1i1.177

Keywords:

profitability, liquidity, firm value

Abstract

This study aims to determine the effect of profitability and liquidity on the value of food and beverage sub-sector companies listed on the IDX in 2018-2022. This research is a quantitative study. The population of this study consisted of 15 companies using the purposive sampling method, the sample used was only 10 companies with details of 10 x 5 = 50 samples. Multiple linear regression analysis was used to analyze the effect of profitability and liquidity on company value using SPSS 25 software. The test results showed that profitability had a positive and significant effect on company value. Liquidity had a negative and significant effect on company value.

References

Apriada, K. and MS Suardikha. (2016). The Influence of Share Ownership Structure, Capital Structure and Profitability on Company Value. E-Journal of Economics and Business, Udayana University 5(2):201-218.

Fahmi, Irham. (2015). Financial Report Analysis. Bandung: Alfabeta.

Gunardi, A., Alghifari, ES, & Suteja, J. (2022). Investment Decisions and Firm Value Through the Moderation Effect of Corporate Social Responsibility and Profitability: Theory and Empirical Evidence. Surabaya: Scopindo Media Pustaka.

Harahap, Sofyan Syafri. (2015). Critical Analysis of Financial Reports. Jakarta: Rajawali Pers.

Hery. (2019). Financial Statement Analysis: Integrated and Comprehensive Edition. Jakarta: PT Gramedia.

Hidayat, Wastam Wahyu. (2018). Basics of Financial Report Analysis. Edition 1. Uwais Inspiration Indonesia.

Kasmir, 2017. Excellent Customer Service: Theory and Practice. Jakarta: Raja Grafindo Persada.

Kasmir. (2015). Financial Report Analysis. Edition 1. Jakarta: PT Raja Grafindo Persada.

Lubis, I. L,. BM Sinaga, and H. Sasongko. (2017). The Effect of Profitability, Capital Structure and Liquidity on Company Value. Journal of Business and Management Applications 3(3):458-465.

Munawir. (2014). Financial Report Analysis. Yogyakarta: Liberty.

Oktrima, B. (2017). The Effect of Profitability, Liquidity, and Capital Structure on Company Value. Securities Journal 1(1):98-107.

Putra, AA. NDA and PV Lestari. (2016). The Effect of Dividend Policy, Liquidity, Profitability, and Company Size on Company Value. E-Journal of Management Unud 5(7):4044-4070.

Putra, IGS, Affandi, HAA, Purnamasari, L., & Sunarsi, D. (2021). Financial Report Analysis. Cipta Media Nusantara

Downloads

Published

2023-02-23

How to Cite

Melati, S. ., Utomo, R. ., Fathir, K. ., & Hamzah, M. I. . (2023). Impact of Profitability and Liquidity on Firm Value in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange (2018-2022). Transforma Jurnal Manajemen, 1(1), 88–92. https://doi.org/10.56457/tjm.v1i1.177

Issue

Vol. 1 No. 1 (2023): Transforma: Jurnal Manajemen

Section

Articles

License

Copyright (c) 2023 Septi Melati, Rifais Utomo, Khairil Fathir, M. Imron Hamzah

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.