Pengaruh Profitabilitas, Leverage, dan Harga Saham terhadap Nilai Perusahaan (Studi pada Perusahaan yang Terindeks LQ-45 yang Terdaftar di Bursa Efek Indonesia Periode 2018-2022)
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Abstrak
This study examines and analyzes the effect of profitability, leverage, and stock price on firm value, both partially and simultaneously, in companies listed in the LQ-45 Index on the Indonesia Stock Exchange. The sample used consists of 50 company data points from 10 companies included in the LQ-45 Index listed on the Indonesia Stock Exchange during the 2018 to 2022 period. The data analysis technique employed is multiple linear regression analysis using SPSS version 26. The results of the data analysis show that, partially, only one variable has no significant effect, namely leverage (DER). Meanwhile, the other two variables, profitability (ROE) and stock price, have a significant effect on firm value. The simultaneous analysis results indicate that all three variables—profitability (ROE), leverage (DER), and stock price—have a significant effect on firm value, with a contribution of 24%.
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Referensi
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