Indonesian Vocational Research Journal
Vol 1 No 2 (2022)

The Effect of Profitability, Liquidity, and Solvency on the Value of Health Companies Listed On the Indonesia Stock Exchange

Rukhiyatul Jannah (universitas muhammadiyah gresik)
Anita Handayani (Unknown)



Article Info

Publish Date
30 Jun 2022

Abstract

Abstract Background - Corporate Value is a certain condition that has been achieved by a company as an illustration of the public's trust in the company that has gone through a process of activity for several years. Since the company was founded until now.Objective – to determine the impact of profitability, liquidity, and solvency on company value in health companies listed on the Indonesia Stock Exchange in 2017 – 2020.Design / methodology / approach - The type of research used is a quantitative research type, namely information data from financial statements in the form of numbers or figures. The sampling method used panel data, namely data that used a combination of cross-sectional data with time series data, based on the population, the study was conducted on 10 health companies and 4 years of observation starting from 2017 - 2020 so that the total data 40 companies (10 companies x 4 years). The data collection technique uses documentation from financial reports published on the official website of the Indonesia Stock Exchange, namely www.idx.co.id. The analysis technique used is multiple linear regression.Findings - The results of this study indicate that profitability has a significant and positive effect on firm value, liquidity has a significant and positive effect on firm value, solvency has a significant and positive effect on firm value. Keyword: Profitability, Liquidity, Solvency, and Firm Value

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Journal Info

Abbrev

ivrj

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Public Health Social Sciences

Description

This journal is a medium for articles on the broad field of vocational education, across a range of settings: vocational colleges, schools, universities, workplaces, domestic environments, voluntary bodies, and more. Coverage includes such topics as curriculum and pedagogy practices for vocational ...