PENGARUH LIKUIDITAS, SOLVABILITAS, RENTABILITAS TERHADAP NILAI PERUSAHAAN DI MEDIASI OLEH PROFITABILITAS PADA PERUSAHAAN LQ45 DI BEI PRIODE 2018-2020

Abstract

This study aims to determine the effect of liquidity, solvency, profitability on firm value mediated by profitability in LQ45 companies on the IDX for the 2018-2020 period. This research is included in quantitative research using multiple linear regression. The population in this study is the bLQ45 company listed on the BEIb for the 2018-2020 period. The sample selection used a purposive sample technique of 57 companies. The data were analyzed using the SPSS application. Based on the results of research conducted, it can be concluded that liquidity, solvency, and profitability have a significant effect on profitability. Liquidity and profitability also have a significant effect on firm value. However, solvency shows no significant effect. Profitability is not able to mediate the relationship between liquidity, solvency, and profitability to firm value in LQ45 Companies on the IDX for the 2018-2020 period.