偿付能力、流动性和盈利能力对企业价值的影响

Y. Prasetyo, Nani Ernawati, Ahmad M Ryad S Hakim, Deris Sugianto
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引用次数: 0

摘要

公司价值是投资者对公司成功程度的看法,反映在股票价格上。公司的价值越高,股东获得的财富就越大。本研究旨在确定偿付能力,流动性和盈利能力对2015-2019年期间在印度尼西亚证券交易所上市的房地产和房地产行业的公司价值的影响。本研究的人口是2015-2019年期间在印度尼西亚证券交易所上市的房地产和房地产行业公司,共计75家公司。采用有目的抽样法对16家企业进行抽样。数据收集技术使用印度尼西亚证券交易所官方网站www.idx.co.id上公布的财务报表文件。使用的分析技术是面板回归。本研究结果表明:(1)偿付能力不影响企业价值,显著性值为0,1008>0.05;(2)流动性不影响企业价值,显著性值为0,5810>0.05;(3)盈利能力不影响企业价值,显著性值为0,3354>0.05;(4)偿付能力、流动性和盈利能力影响企业价值的概率为0000,R2为85,90%。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Pengaruh Solvabilitas, Likuiditas, dan Profitabilitas terhadap Nilai Perusahaan
Corporate Value Is the investor's perception of the level of success of the company which is reflected in the stock price. The higher the value of the company, the greater the prosperity received by shareholders. This study aims to determine the effect of Solvency, Liquidity and Profitability on the Company Value of the property and real estate sector listed on the Indonesia Stock Exchange in the 2015-2019 Period. The population in this study are property and real estate sector companies listed on the Indonesia Stock Exchange in the 2015-2019 period, amounting to 75 companies. Based on the sampling technique with purposive sampling obtained a sample of 16 companies. Data collection techniques use the documentation of financial statements published on the official website of the Indonesia Stock Exchange, www.idx.co.id. The analysis technique used is panel regression. The results of this study indicate that: (1) Solvency is not impacted on firm value, with a significance value of 0,1008>0.05 (2) Liquidity is not impacted on Firm Value, with a significance of 0,5810>0.05 (3) Profitability is not impacted on Firm Value, with significance of 0,3354>0.05 (4) Solvency, Liquidity, and Profitability affect the Value of the Company with a probability of 0,000 with an R2 of 85,90%.
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