The Influence of Profitability on Company Value in the Food and Beverage Sector on the Indonesian Stock Exchange

Silvia Palayukan; Abdul Rijal; Sitti Hajerah Hasyim

Authors

Silvia Palayukan Department of Accounting, Faculty of Economics and Business, Universitas Negeri Makassar, Makassar, Indonesia
Abdul Rijal Department of Accounting, Faculty of Economics and Business, Universitas Negeri Makassar, Makassar, Indonesia
Sitti Hajerah Hasyim Department of Accounting, Faculty of Economics and Business, Universitas Negeri Makassar, Makassar, Indonesia

Keywords:

Profitability

Abstract

This study aims to determine the effect of Profitability on Firm Value in the Food and Beverage Sector on the Indonesia Stock Exchange. The variables in this study are Profitability as the independent variable, and Firm Value as the dependent variable. The population in this study are companies in the Food and Beverage Sector on the Indonesia Stock Exchange from 2019 to 2021 with a total of 26 companies. Sampling was carried out using a purposive sampling technique, namely a sampling technique with certain considerations and criteria with a sample of 16 companies. The data collection technique used is documentation. Data analysis techniques using descriptive statistical analysis, simple linear regression, t test, and the coefficient of determination. Based on the results of the study that Profitability has a significant effect on Firm Value in the Food and Beverage Sector on the Indonesia Stock Exchange.

Downloads

Download data is not yet available.

References

Ananto. (2018). Kebijakan Dividen dan Bi Rate Sebagai Pemoderasi Likuiditas, Profitabilitas, dan Leverage Terhadap Nilai Perusahaan Perbankan yang Terdaftar di BEI Tahun 2011-2017. Upajiwa Dewantara, Vol. 2, no.1

Hanafi dan Halim. (2012). Analsis Laporan Keuangan. Yogyakarta: (UPP)STIM YKPN.

Hery. (2016). Analisis Laporan Keuangan. Jakarta: Grasindo.

Hidayat dan Khotimah. (2022). Pengaruh Profitabilitas dan Ukuran Perusahaan Terhadap Nilai Perusahaan Sub Sektor Kimia Yang Terdaftar Di Bursa Efek Periode 2018-2020. Jurnal. Universitas Muhammadiyah Tangerang

Husnan, (2012). Dasar – Dasar Manajemen Keuangan. Yogyakarta. UPP STIM YKPN.

Kasmir. (2017). Analisis Laporan Keuangan. Jakarta: Rajawali Pers.

Keown, A. (2011). Manajemen Keuangan: Prinsip & Penerapan. Jakarta: PT. Indeks.

Martono dan Agus. (2010). Manajemen Keuangan. Yogyakarta: Ekonesia.

Munawir, S. (2016). Analisis Laporan Keuangan. Yogyakarta: Liberty.

Nafiah, Harijono, dan Inggarwati. (2020). Pengaruh Profitabilitas Terhadap Nilai Perusahaan Perhotelan Dan Pariwisata Melalui Struktur Modal Sebagai Variabel Intervening. Jurnal Ilmiah Bisnis dan Ekonomi Asia.

Riduwan, A. (2016). Pengaruh ROA, Ukuran Perusahaan, Pada Nilai Perusahaan: Deviden Payout Ratio Sebagai Variabel Pemoderisasi. Surabaya: STIESA.

Riyanto, H. (2011). Dasar-dasar Pembelanjaan Perusahaan (keempat). Yogyakarta: BPFE Yogyakarta

Sartono. (2010). Manajemen Keuangan Teori dan Aplikasi. Edisi Empat.

Yogyakarta: BPFE.

Pratiwi, D. D., Idris, H., Azis, F., Hasyim, S. H., & Rijal, A. (2023). The effect of applying the problem-based learning model in the subject of practical accounting for service, trade and manufacturing companies on the competency skills of class xi akl upt smkn 1 sidrap. Jurnal eduscience, 10(2), 420–429.

Siregar, S. (2013). Statistik Parametrik Untuk Penelitian Kuantitatif: Dilengkapi dengan Perhitungan Manual dan Aplikasi SPSS Versi 17. Jakarta: PT Bumi Aksara.

Subramanyam. (2011). Analisis Laporan Keuangan. Edisi 10. Jakarta: Salemba Empat.

Sugiyono. (2017). Statistika Untuk Penelitian. Bandung: CV. Alfabeta.