Pengruh Likuiditas, Solvabilitas, Ukuran Perusahaan, Aktivitas Perusahaan, dan Profitabilitas Terhadap Nilai Perusahaan

Authors

  • Dimas Tegar Maulana Universitas Mercu Buana
  • Indra Siswanti Universitas Mercu Buana

DOI:

https://doi.org/10.51903/0sgzxv94

Keywords:

Liquidity, Solvency, Company Size, Company Activities, Profitability, company value

Abstract

This study aims to determine the effect of liquidity, solvency, company size, company activity, and profitability on company value in the telecommunications sub-sector. The sample used was 17 companies in the telecommunications sub-sector listed on the Company stock exchange in 2019-2023. This research method uses a panel data regression data analysis method with the help of the Eviews 13 application, which is used to determine each significant company between dependent companies and independent companies. The sample selection in this study used a purposive sampling method. The data analysis method uses a panel data regression analysis method. This study proves that Liquidity, Solvency, Company Size and Profitability have a positive and significant effect on Company Value. Company Activity does not affect Company Value

References

[1] I. Listyawati and I. Kristiana, “Pengaruh Return on Equity, Current Ratio, Size Company dan Debt to Equity Ratio Terhadap Nilai Perusahaan,” MAKSIMUM, vol. 10, no. 2, p. 47, Jan. 2021, doi: 10.26714/mki.10.2.2020.47-57.

[2] Andayani, “Pengaruh Sales Growth, Ukuran Perusahaan, Profitabilitas, Likuiditas dan Leverage terhadap Nilai Perusahaan,” MENAWAN J. Ris. dan Publ. Ilmu Ekon., vol. 2, no. 5, pp. 310–327, 2022, doi: 10.61132/menawan.v2i5.848.

[3] A. D. Putri and I. Izzati, “Pelaksanaan perkembangan kemandirian anak yang Diasuh oleh grandparent,” J. Pendidik. Tambusai, vol. 4, no. 2, pp. 1269–1277, 2020.

[4] Panglipungningrum and Dwi Andriani, “Profitabilitas, Likuiditas, dan Rasio Aktivitas Pengaruhnya terhadap Nilai Perusahaan Pertambangan Sub Sektor Batubara yang Terdaftar di BEI periode 2016-2018,” J. Buana Akunt., vol. 5, no. 2, pp. 69–84, 2020, doi: 10.36805/akuntansi.v5i2.1117.

[5] Edastami, “Pengaruh Profitabilitas, Likuiditas, dan Struktur Modal Terhadap Nilai Perusahaan Makanan dan Minuman yang Terdaftar di BEI,” Ekon. Keuangan, Investasi dan Syariah, vol. 3, no. 4, pp. 796–803, 2024, doi: 10.47065/ekuitas.v3i4.1478.

[6] E. Sulistiana and R. G. H. Pranjoto, “Pengaruh Profitabilitas, Solvabilitas, Likuiditas, Aktivitas, dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Sub Sektor Makanan dan Minuman Yang Terdaftar Di BEI Periode 2016-2020,” J. Kaji. Ilmu Manaj., vol. 2, no. 1, pp. 17–25, 2022, doi: 10.21107/jkim.v2i1.15500.

[7] F. N. A’isyah and S. Sudarsi, “The Effect Of Profitability, Liquidity, Solvency,and Company Size On Firm Value In Mining Companies Listed On The Indonesia Stock Exchange (BEI) Periode Tahun 2019-2022,” vol. 7, pp. 1106–1124, 2024.

[8] B. Simorangkir and N. Nurhasanah, “THE Analisis Pengaruh Rasio Likuiditas, Solvabilitas, Profitabilitas, dan Aktivitas Terhadap Nilai Perusahaan pada Perusahaan yang Tergabung dalam Indeks LQ45 Di Bursa Efek Indonesia Periode 2012 – 2015,” Syntax Lit. ; J. Ilm. Indones., vol. 6, no. 4, p. 1616, 2021, doi: 10.36418/syntax-literate.v6i4.2234.

[9] J. K. Cahyadi and H. Ruslim, “Faktor-Faktor Yang Mempengaruhi Nilai Perusahaan,” J. Bina Akunt., vol. 8, no. 2, pp. 109–121, 2024, doi: 10.52859/jba.v8i2.148.

[10] K. W. Nugroho, D. Supriyadi, and C. Chaerudin, “Pengaruh Rasio Keuangan Terhadap Nilai Perusahaan,” Gorontalo Account. J., vol. 6, no. 1, p. 133, 2023, doi: 10.32662/gaj.v6i1.3137.

[11] G. Stefani and A. Ekadjaja, “Pengaruh Ukuran, Likuiditas, Profitabilitas, Struktur Modal, dan Manajemen Risiko Terhadap Nilai Perusahaan,” J. Paradig. Akunt., vol. 5, no. 2, pp. 2775–2784, 2023.

[12] H. M. Putra, A. Prakasa, and P. Kurniati, “Internalisasi Nilai Kemandirian Anak melalui Parenting,” J. Obs. J. Pendidik. Anak Usia Dini, vol. 6, no. 5, pp. 3846–3854, 2022, doi: 10.31004/obsesi.v6i5.2342.

[13] Pranoto, “Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan pada Perusahaan Subsektor Kosmetik yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2022,” Akuntansi, vol. 1, no. 3, pp. 240–253, 2022.

[14] R. D. L. Susanto and Yuliastuti Rahayu, “Pengaruh Likuiditas dan Profitabilitas Terhadap Nilai Perusahaan,” J. Mutiara Ilmu Akunt., vol. 2, no. 1, pp. 56–66, 2022, doi: 10.55606/jumia.v2i1.2276.

[15] Suparmoko, “TERHADAP NILAI PERUSAHAAN THE INFLUENCE OF LIQUIDITY , SOLVENCY , PROFITABILITY , Pendahuluan,” vol. 3, no. 1, pp. 39–48, 2024.

[16] A. Husna and I. Satria, “Effects of Return on Asset , Debt to Asset Ratio , Current Ratio , Firm Size , and Dividend Payout Ratio on Firm Value,” vol. 9, no. 5, pp. 50–54, 2019.

[17] J. Y. Renaldi, D. B. Pinem, and Y. T. Permadhy, “Analysis Of Factors Affecting the Value Of Manufacturing Industry Companies in the Indonesian Stock Exchange ( IDX ),” vol. 5, no. 1, pp. 1–8, 2020.

[18] M. Markonah, A. Salim, and J. Franciska, “Effect of profitability, leverage, and liquidity to the firm value,” vol. 1, no. 1, pp. 83–94, 2020, doi: 10.31933/DIJEFA.

[19] R. A. Putri, “Pengaruh Debt to Equity Ratio, Current Ratio, dan Return on Equity Terhadap Nilai Perusahaan,” J. Ilmu dan Ris. Manaj., vol. 9, no. 2, pp. 1–16, 2020.

[20] D. Marisha and S. Agustin, “Pengaruh ukuran perusahaan, profitabilitas, leverage dan pertumbuhan penjualan terhadap nilai perusahaan pada perusahaan farmasi yang terdaftar di Bursa Efek Indonesia tahun 2016-2020,” J. Ilmu dan Ris. Manaj., vol. 11, no. 1, pp. 1–21, 2022.

[21] Anggelia B. Nursalim, Paulina V. Rate, and Dedy N. Baramuli, “Pengaruh Inflasi, Profitabilitas, Solvabilitas Dan Ratio Aktivitas Terhadap Nilai Perusahaan Sektor Manufaktur Periode 2015-2018,” J. EMBA, vol. 9, no. 4, pp. 559–571, 2021.

[22] T. Purwanti, “The Effect of Profitability, Capital Structure, Company Size, and Dividend Policy on Company Value on the Indonesia Stock Exchange,” Int. J. Seocology, vol. 01, no. 02, pp. 060–066, 2020, doi: 10.29040/seocology.v1i02.9.

[23] N. Triani and D. Tarmidi, “Firm Value: Impact of Investment Decisions, Funding Decisions and Dividend Policies,” Int. J. Acad. Res. Account., vol. 9, no. 2, 2019.

[24] I. Firdaus, “THE EFFECT OF DER, TATO, ROA AND SHARE PRICE TO PBV (Studies on the food and beverage industry on the Indonesia Stock Exchange period of 2012-2018),” Dinasti Int. J. Digit. Bus. Manag., vol. 1, no. 2, 2020, doi: 10.31933/dijdbm.v1i2.153.

[25] J. Jufrizen and I. N. Al Fatin, “Pengaruh Debt To Equity Ratio, Return On Equity, Return On Assets Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Farmasi,” J. Hum. J. Ilmu Sos. Ekon. dan Huk., vol. 4, no. 1, pp. 183–195, 2020, doi: 10.30601/humaniora.v4i1.677.

[26] M. Chabachib, T. U. Fitriana, H. Hersugondo, I. D. Pamungkas, and U. Udin, “Firm value improvement strategy, corporate social responsibility, and institutional ownership,” Int. J. Financ. Res., vol. 10, no. 4, pp. 152–163, 2019, doi: 10.5430/ijfr.v10n4p152.

[27] S. K. Sumarau, “THE EFFECT OF INVESTMENT DECISIONS, FUNDING DECISIONS, AND PROFITABILITY ON MANUFACTURING COMPANY VALUE IN INDONESIA STOCK EXCHANGE 2015-2018 PERIOD,” ACCOUNTABILITY, vol. 8, no. 2, 2019, doi: 10.32400/ja.24759.8.2.2019.85-90.

[28] D. A. Marpaung and E. Kurniati, “Pengaruh Profitabilitas, Leverage dan Ukuran Perusahaan terhadap Nilai Perusahaan pada Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia,” J. Akuntansi, Keuang. dan Perpajak., vol. 5, no. 1, pp. 19–26, Feb. 2022, doi: 10.51510/jakp.v5i1.770.

[29] F. Prasetya Margono and R. Gantino, “INFLUENCE OF FIRM SIZE, LEVERAGE, PROFITABILITY, AND DIVIDEND POLICY ON FIRM VALUE OF COMPANIES IN INDONESIA STOCK EXCHANGE,” Copernican J. Financ. Account., vol. 10, no. 2, 2021, doi: 10.12775/cjfa.2021.007.

[30] N. Swastika and S. Agustin, “Pengaruh Profitabilitas, Solvabilitas, Dan Aktivitas Terhadap Nilai Perusahaan Food and Beverage Yang Terdaftar Di Bei,” J. Ilmu dan Ris. Manaj., vol. 10, no. 1, pp. 1–18, 2021.

[31] J. S. Akbar, “The Effect Of Return On Assets And Return On Equity On Price To Book Value on Banking Companies Listed On The Indonesia Stock Exchange,” Int. J. Econ. Bus. Account. Res., vol. 5, no. 2, 2021.

Downloads

Published

2026-05-16

How to Cite

Pengruh Likuiditas, Solvabilitas, Ukuran Perusahaan, Aktivitas Perusahaan, dan Profitabilitas Terhadap Nilai Perusahaan. (2026). MANAJEMEN, 6(1), 190-203. https://doi.org/10.51903/0sgzxv94