Pengaruh Profitabilitas, Likuiditas, Kebijakan Hutang dan Ukuran Perusahaan terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia (BEI) pada Tahun 2016-2023)

Abstract

This study aims to examine the effect of profitability, liquidity, debt policy and company size on company value. The data used in this study are secondary data. The population of this study were 92 property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) in 2016-2023. The research sample was selected using the purposive sampling technique according to the criteria so as to obtain a sample of 18 companies. This study uses multiple linear regresions analysis. The results of this study state that profitability, liquidity, debt policy and company size simultaneously have a significant effect on company value. Partially, profitability and debt policy do not affect company value. Partially, liquidity has a significant negative effect on company value, while company size has a significant positive effect on company value.