Pengaruh Cash Holding, Profitabilitas, Dan Firm Size Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Teknologi Yang Terdaftar Di Bursa Efek Indonesia Periode 2021-2024)

Sukawati, Maria Patricia Gonsalianti
Wilhelmina Mitan
Rangga, Yoseph Darius Purnama

Nian Tana Sikka: Jurnal Ilmiah Mahasiswa
Vol. 4 No. 4 (2026): Juli: Nian Tana Sikka : Jurnal ilmiah Mahasiswa

This study aimed to: (1) analyze the condition of cash holding, profitability, firm size, and firm value of technology companies listed on the Indonesia Stock Exchange; (2) examine the effect of cash holding on firm value, (3) examine the effect of profitability (ROA) on firm value, (4) examine the effect of firm size (Ln(Total Assets)) on firm value, (5) examine the simultaneous effect of cash holding, profitability, and firm size on the firm value of technology companies listed on the Indonesia Stock Exchange. This study used a quantitative research design and secondary data. The population consisted of 47 technology companies, and the sample was determined using a purposive sampling technique. Hypothesis testing was conducted using the t-test anf F-test. Data analysis was performed using SPSS version 20. The results showed that, partially, cash holding and firm size did not have a significant effect on the firm value, while profitability had a positive and significant effect on firm value. Simultaneously, cash holding, profitability, and firm size had a positive and significant effect on firm value.