Analisa Determinan Nilai Perusahaan: Sub Sektor Properti dan Real Estate di Indonesia
DOI:
https://doi.org/10.35591/wahana.v27i1.924Keywords:
Company Value, Capital Structure, Liquidity, Profitability, Company Size, Company GrowthAbstract
This study aims to determine the effect of capital structure, liquidity, profitability, company size and company growth on company value. This research utilizes a type of comparative causal research to determine the cause and effect relationship among two or more variables. The research sample comprises property and real estate sub-sector companies listed on the IDX for the 2020-2022 period using the purposive sampling method. There were 81 sample data points from 27 companies that met the research sample criteria. The results of this test prove that the capital structure variable (DER) negatively and significantly affects the company’s value, while the liquidity variable (CR) has a positive and significant effect on the company's value, profitability (NPM) positively and significantly influences the company’s value, the company's size (SIZE) has a significant positive effect on the company's value, and the last independent variable of company growth has a positive and significant effect on the company’s value.
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