FAKTOR-FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN

(STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2011-2017)

Abstract

The purpose of this research is to examine the influence of current ratio (CR), debt to equity ratio (DER), return on assets (ROA) and firm size to the firm value. The population is  manufacturing companies sub sector automotive and components which are listed in Indonesia Stock Exchange in 2011-2017 periods. The sample collection technique is using purposive sampling. Purposive sampling is a sample collection method through some certain criteria which has been determined by the researcher. Based on the determined sample criteria, 5 companies have been selected as samples. This research has been done by using 7-year time spans. This research is using by secondary data in the form of annual financial statement which have been obtained from Indonesia Stock Exchange. Multiple linear regression analysis used in this study by using statistical product and service solutions (SPSS) v.20.0 program.

The result of partial test shows that return on assets (ROA) and firm size has not significant effect on firm value. debt to equity ratio (DER)  variable has negative influence to the firm value whereas current ratio (CR) have positive influence to the firm value.