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PROFITABILITY, LIQUIDITY, AND CAPITAL STRUCTURE AS DETERMINANTS OF FIRM VALUE: A STUDY OF TECHNOLOGY COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE (IDX) (2020-2022) Sritapayanti, Ni Nyoman; Gunadi, I Gusti Ngurah Bagus; Gama, Agus Wahyudi Salasa
EMAS Vol. 6 No. 12 (2025): EMAS
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Mahasaraswati Denpasar.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36733/emas.v6i12.13291

Abstract

In general, companies are established with specific objectives, one of which is to increase company value as a long-term goal. High company value can be beneficial for the company and its shareholders. This study aims to examine and obtain empirical evidence of the influence of profitability, liquidity, and capital structure on company value in technology companies listed on the Indonesia Stock Exchange from 2020 to 2022. The population of this study consists of all technology companies listed on the Indonesia Stock Exchange from 2020 to 2022. The research sample was selected using purposive sampling. The sample in this study consisted of 19 technology companies, bringing the total sample size to 57. This study used multiple linear regression analysis. The results of this study indicate that profitability and liquidity have a significant positive effect on company value, while capital structure has no effect on company value in technology companies listed on the Indonesia Stock Exchange from 2020 to 2022.
The Effect of Leverage, Institutional Ownership, and Liquidity on Company Value in Infrastructure Companies Listed on The Indonesian Stock Exchange (Period 2020-2022) Putri, Kurnia; Gunadi, I Gusti Ngurah Bagus; Gama, Agus Wahyudi Salasa
EMAS Vol. 7 No. 1 (2026): EMAS
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Mahasaraswati Denpasar.

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36733/emas.v7i1.13367

Abstract

This study aims to examine the effect of leverage, institutional ownership, and liquidity on company value. The population in this study consists of infrastructure companies listed on the Indonesia Stock Exchange during the observation period of 2020-2022. The sampling technique used is purposive sampling, which is a sampling technique based on criteria determined by the researcher. Based on the sample selection criteria, 40 companies and 120 samples were obtained. The data analysis technique used was multiple linear regression analysis, which was processed using the SPSS version 23 program. The results of this study indicate that leverage and liquidity do not affect company value, while institutional ownership has a positive effect on company value.
Co-Authors Abd. Rasyid Syamsuri Agus Wahyudi Salasa Gama Ambara Putri, Ni Made Elita Anak Agung Dian Padma Dewi Andi Sugianta, I Kadek Anis Rizkiya Dewi Antara, I Gede Surya Arianti, Ni Luh Putu Divarina Azizah, Rizka Nur Bastiana, Angela Aprilia Desak Made Ari Susilawati Desak Putu Sintia Danita Devita Glory Ardhisukmana Dewa Ayu Diah Kharisma Dewi Dewi, Ni Luh Ketut Charisma Cahya Dewi, Ni Nyoman Ayu Sinta Gregorious Paulus Tahu Gregorius Paulus Tahu I Dewa Gede Punarbawa I Gede Cahyadi Putra I Gede Giri Utama Yasa I Gede Komang Krisna Wira Bhakti I Gede Urwa Oka Semarabawa I Gusti Agung Ayu Istri Lestari I Gusti Ayu Arista Dewi I Kadek Alit Mario Indra Prasetya I Ketut Sunarwijaya I Komang Oka Permadi I Nengah Aristana I Putu Mega Juli Semara Putra, I Putu Mega Juli I Wayan Gde Wiryawan I Wayan Suarjana I WAYAN SUARJANA I Wayan Suarjana I Wayan Suarjana I Wayan Widnyana I Wayan Wira Darma Putra Ida Ayu Agung Anggreni Putri Ida Ayu Laksmi Satria Devi Ida Ayu Nyoman Yuliastuti Ida Ayu Ratih Manuari Ida Bagus Gede Kresna Wirayudha Joe, Augyawati Kadek Ayu Dwi Sujendri Kadek Dwinata Hendrayana Kadek Krisna Yuniantari Dewi Komang Ayu Mareti Putri Komang Ayu Sukma Ginanti Komang Emi Yulistia Dewi Krisnayanthi, Ni Made Dian Laili Ramadhan Lestari, Made Mitha M Doni Permana Putra Mahayani, Ni Kadek Lisna Maria Anjelina Ngindang MARSELIANA YULTI INDAM Muryanti, Ni Kadek Sri Devi Nastitin, Yohana Nengah Landra Ni Kadek Ariesta Ningsih Ni Kadek Ayu Budi Antari Ni Kadek Dewi Maskanti Ni Kadek Ita Rupianti Ni Kadek Nita Diantini Ni Kadek Rika Putri Rahayu Ni Kadek Trisnawati Ni Kadek Yunita Sari Ni Ketut Nilalohita Trivarga Ni Komang Ayu Nuriyani Ni Komang Dila Merliyani Ni Komang Nita Maheni Ni Komang Sandra Dewi Ni Luh Silvia Ratna Juliantari Ni Made Ayu Mariani Ni Made Dewi Antari Ni Made Dwi Suryaningsih Ni Made Feby Rahayu Ni Made Priska Setiawati Ni Made Rina Dewi Ni Made, Adhe Sugi Windarini Ni Nyoman Yulistia Dewi Ni Putu Cempaka Dharmadewi Atmaja Ni Putu Yeni Astiti Ni Wayan Dela Laraswati Nur Faiza Oktaviardhana, I Putu Arie Prasasti, Andien Shelomitta Dewi Pryanti, Sang Ayu Putu Andina Putra, I Dewa Gede Rama Putri, Kurnia Putri, Ni Putu Geopani Putri, Ni Putu Pipin Ariska Putu Aditya Angga Pradana Putu Doddy Heka Ardana Putu Kepramareni Putu Wenny Saitri Ramawati, Made Putri Risa, Ni Luh Putu Sang Ayu Putu Mira Saskarini, Ni Kadek Dwi Sritapayanti, Ni Nyoman Syafitri, Wulan Indah Tiara Carina Titania, Anak Agung Sagung Mirah Trisnayani, Ketut Usadi, Made Pradnyan Permana Widnyana, Putu Alit Yanti, Ni Kadek Dwik Purnama Yanti, Putri Emilia Yuli Mburu Mbanyik