JURNAL LENTERA BISNIS
Vol. 14 No. 1 (2025): JURNAL LENTERA BISNIS, JANUARI 2025

PENGARUH LEVERAGE, UKURAN PERUSAHAAN, PERTUMBUHAN PERUSAHAAN DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA SEKTOR PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2020-2023

Jenny Zain (Universitas Prima Indonesia)
Agnes sihombing (Universitas Prima Indonesia)
Reny Vatrecia Lumbantoruan (Universitas Prima Indonesia)
Malvin Orlando Chandra (Universitas Prima Indonesia)
Oky Syahputra (Utara Universitas Battuta)



Article Info

Publish Date
21 Feb 2025

Abstract

This research was carried out to test the effect of Leverage (X1), Company Size (X2), Company Growth (X3) and Profitability (X4) on Company Value (Y). This research used secondary data, namely the company's financial statements. The object of analysis is Property and Real Estate companies listed on the Indonesia Stock Exchange during the 2020-2023 period. The sampling technique used in this research was purposive sampling which resulted in 23 companies with a total observation of 92 samples. Data were analyzed using a multiple linear regression analysis model, coefficient of determination, F Test, t Test. The results of the simultaneous hypothesis show that Leverage, Company Size, Company Growth, and Profitability have an effect on Company Value. The results of the partial hypothesis study show that the variables Leverage, Company Size, Company Growth do not have a significant effect on Company Value while Profitability has a negative and significant effect on Company Value. The results of the determination coefficient analysis obtained an adjusted R square of 0.287, meaning that the variation in the Company Value variable that can be explained by Leverage, Company Size, Company Growth, and Profitability is 28.7%, while the remaining 72.3% is influenced by other variables outside the regression model in this study.

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Journal Info

Abbrev

jrlab

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Lentera Bisnis (ISSN 2252-9993, e-ISSN 2598-618X) ini merupakan jurnal ilmiah berkala yang terbit berdasarkan kaidah jurnal ilmiah ditujukan untuk mempublikasikan karya ilmiah hasil penelitian, pengembangan dan studi pustaka di bidang ilmu administrasi bisnis meliputi peminatan ilmu bisnis. ...