THE INFLUENCE OF SOLVENCY RATIOS, ACTIVITY RATIOS AND PROFITABILITY RATIOS ON COMPANY VALUE WITH MANAGERIAL OWNERSHIP AS A MODERATING VARIABLE

Abstract

This research aims to examine the effect of Solvency Ratios, Activity Ratios and Profitability Ratiosusing Managerial Ownership as a Moderating Variable on Company Value. The population in this research is the Consumer Goods Industry Sub Sector listed on the Indonesia Stock Exchange(BEI) in the 2020 - 2022 period, totaling 58 companies taken during the 3 years of research (174data). This type of research is quantitative research. The sampling technique used in the researchwas the purposive sampling method. The data analysis method used in this research is multiple regression analysis with the help of the SPSS 25 program. What differentiates this research from previous research is the research object, where the object in this research is the Consumer GoodsIndustry Sub-Sector listed on the Indonesia Stock Exchange (BEI ) in the period 2020 – 2022. Theresults of this research show that (1) Solvency Ratios have a positive effect on Company Value, (2) Activity Ratios have no effect on Company Value, (3) Profitability Ratios have a positive effecton Company Value, (4) Managerial Ownership does not moderate the influence of the Solvency Ratio on Company Value, (5) Managerial Ownership moderates the influence of the Activity Ratioon Company Value, (6) Managerial Ownership does not moderate the influence of the Profitability Ratio on Company Value. The limitation of this research is that the scope is not too broad, wherethe researcher only focuses on one sub-sector. And for further research, other variables that are outside this research should be added. KEYWORDS: Solvency Ratio Activity Ratio Profitability Ratio Managerial Ownership Firm Value.