PROFITABILTAS MEMODERASI LIKUIDITAS DAN GROWTH OPPORTUNITY TERHADAP NILAI PERUSAHAAN
Abstract
This study aims to determine whether provitability is able to moderate the relationship of liquidity and growth to the value of the company. The value of the company is a value that reflects the credibility of the company in the eyes of the public, especially investors and prospective investors. The sample of this research is 58. This study uses multiple analyst regressions in the data analyst. The results showed that liquidity and growth had a negative effect on firm value. Profitability moderates the relationship of liquidity and growth to the value of the company.
Keywords
Full Text:
PDFReferences
Abdullah, N. A. I. N., Ali, M. M., & Haron, N. H. (2017). Ownership Structure, Firm Value and Growth Opportunities: Malaysian Evidence. Advanced Science Letters, 23(8), 7378–7382.
Fajaria, A. Z., & Isnalita, N. (2018). The Effect of Profitability, Liquidity, Leverage and Firm Growth of Firm Value with its Dividend Policy as a Moderating Variable. International Journal of Managerial Studies and Research (IJMSR), 6(10), 55–69.
Irham, F. (2011). Analisa Laporan Keuangan, cetakan pertama. Penerbit: Alfabeta, Bandung.
Jacob, J., & Taslim, F. A. (2017). The impacts of the ratio of liquidity, activity and profitability towards company value with dividend policy as intervening variables. IOSR Journal of Business and Management (IOSR-JBM). ISSN, 2319–7668.
Kasmir. (2018). Analisis Laporan Keuangan. Jakarta: PT.Raja Grafindo Persada.
Lestari, S. D., & Hermanto, S. B. (2015). Pengaruh Capital, Asset, Earning Dan Liquidity Terhadap Perubahan Harga Saham Bank. Jurnal Ilmu Dan Riset Akuntansi, 4(9), 1–22.
Massie, R. N., Areros, W. A., & Rumawas, W. (2018). Pengaruh Stres Kerja Terhadap Kinerja Karyawan Pada Kantor Pengelola IT Center Manado. JURNAL ADMINISTRASI BISNIS (JAB), 6(002).
Oh, S., & Kim, W. S. (2016). Effects of ownerships changes and growth on firms values at the issuances of bonds with detacthable warants. Journal of Business Economics and Management, 17(6), 901–915.
Rompas, G. P. (2013). Likuiditas Solvabilitas Serta Rentabilitas Pada Nilai Perusahaan Bumn Yang Terdaftar Di BEI. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 1(3).
Sari, H. K., & Priyadi, M. P. (2016). Faktor-faktor yang memengaruhi Audit Delayd pada perusahaan Manufaktur Tahun 2010-2014. Jurnal Ilmu Dan Riset Akuntansi (JIRA), 5(6).
Sari, P. I. P., & Abundanti, N. (2014). Pengaruh tumbuhnya emiten serta leverage terhadap profitabilitas dan nilai perusahaan. E-Jurnal Manajemen Universitas Udayana, 3(5).
Suastini, N. M., Purbawangsa, I. B. A., & Rahyuda, H. (2016). Hubungan kepemilikan manajerial dan pertumbuhan perusahaan terhadap nilai perusahaan pada perusahaan manufaktur di Bursa Efek Indonesia (struktur modal sebagai variabel moderasi). E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 5(1), 143–172.
Sutama, D., & Lisa, E. (2018). Pengaruh Leverage Serta Profitabilitas Pada Nilai Perusahaan. JSMA (Jurnal Sains Manajemen Dan Akuntansi), 10(1), 21–39.
Suwardika, I. N. A., & Mustanda, I. K. (2017). Pengaruh ukuran perusahaan, leverage, pertumbuhan perusahaan, dan profitabilitas terhadap nilai perusahaan pada perusahaan properti. E-Jurnal Manajemen Universitas Udayana, 6(3).
Tahu, G. P., & Susilo, D. D. B. (2017). Effects of Liquiditys, Leverages and profitability to The Firm Value (Dividend Policy as Moderating Variable) in Manufacturing Company of Indonesia Stock Exchange. Research Journal of Finance and Accounting, 8(18), 1697–2222.
Tandelilin, E. (2010). Portofolio dan Investasi: Teori dan aplikasi. Kanisius.
Weston, J. F., & Copeland, T. E. (2008). Manajemen keuangan Kesembilan. Penerbit Binarupa Aksara. Jakarta.
DOI: https://doi.org/10.18860/em.v12i1.10039
Refbacks
- There are currently no refbacks.
Megawati Soekarnoputri Building
Accounting Department, Faculty of Economics
Jln. Gajayana 50 Telp (0341) 558881
E-mail: elmuhasaba@uin-malang.ac.id
Universitas Islam Negeri Maulana Malik Ibrahim Malang
E-ISSN 2442-8922
Member of:
Indexed by: