PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, LEVERAGE DAN PENGUNGKAPAN SOSIAL TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA PRIODE 2017- 2020

Abstract

The value of the company is very important because the high value of the company has an impact on the welfare of shareholders or investors. The purpose of this study was to determine the effect of Profitability, Company Size, Leverage, and Social Disclosure on the Value of Manufacturing Companies Listed on the Indonesia Stock Exchange for the 2017-2020 period. This research method is quantitative. The sampling method of this research is purposive sampling and obtained as many as 63 samples that meet the criteria of 192 companies that become observation data. The analytical technique used in this research is the technique of multiple linear regression analysis. The results showed that profitability had an effect on firm value, firm size had an effect on firm value, leverage had no effect on firm value, and social disclosure had an effect on firm value. Company Size, Leverage (DER) and Social Disclosure (CSR) have an effect on Firm Value. The results of the simultaneous significance test (f-test) showed the F value calculated > F table (57.156 > 2.41) and the significance level was 0.000 <0.05. So we can conclude that Ha received and H0 is rejected means the fifth hypothesis is accepted. Profitability (ROA), Firm Size, Leverage (DER) simultaneously have a significant effect on Firm Value in Manufacturing companies listed on the Indonesia Stock Exchange for the 2017-2020 period.