APAKAH PROFITABILITAS DAN PERTUMBUHAN PERUSAHAAN BERPENGARUH TERHADAP NILAI PERUSAHAN?

Vincent Vincent, Yohanes Yohanes

Abstract


The purpose of this research was to determine the effect of profitability and company growth on firm value.The population of this research are non-financial companies listed on Indonesia Stock Exchange during 2018-2020 period. The method to collect sample is purposive sampling with the results of 48 companies which were tested using multiple linear regression.The following results from this research indicate that profitability has a positive effect on firm value because it shows company's rate of return on investment from operational activity and company growth has a negative effect on firm value because it shows level of company development followed by increasing costs.This research is expected to be a source of information for those who need data on all the variables used. The novelty of this research uses non-financial company data in the 2018 to 2020 period.


Keywords


Firm value, profitability and firm growth

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References


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