JIKA: Jurnal Ilmu Keuangan dan Perbankan
Vol 11 No 2: Juni 2022

PENGARUH PROFITABILITAS TERHADAP NILAI EMITEN SYARIAH DI INDONESIA

Prasetyo, Yoyok (Unknown)
Lestari, Rini (Unknown)
Rahayu, Yulianita (Unknown)
Nurlela, Yuli (Unknown)



Article Info

Publish Date
28 Jun 2022

Abstract

The main task of the management of a public company is to prosper the shareholders. This is reflected in the increase in the value of the company.This study was conducted to determine the effect of profitability, especially Return on Assets (ROA) and Return on Equity (ROE) on firm value. The method used in this research is a quantitative approach. Obtained a sample of 15 Islamic companies listed on the Indonesia Stock Exchange (IDX). The results showed that the independent variable Return on Assets (ROA) did not have a partial effect on the dependent variable of Islamic firm value, both Price to Book Value (PBV) and Tobin's Q. While the independent variable Return on Equity (ROE) had a partial effect. on the dependent variable of Islamic firm value, both Price to Book Value (PBV) and Tobin's Q. So that in order to prosper the shareholders, the management of public companies must try to increase the Return on Equity (ROE).

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