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The Effect of Liquidity and Leverage on Firm Value Through Profitability at PT. Indofood Sukses Makmur Tbk

Year: 2023

Type: article

Abstract: The purpose of this study was to analyze and determine the effect of liquidity and leverage on firm value through profitability at PT. Indofood Sukses Makmur, Tbk. Quantitative research methods were processed using the Structural Aquation Modeling Partial Least Square(SEM-PLS) and Warp Pls 8.0 applications. Research population data from secondary data obtained from financial reports and annual reports per quarter I-IV on the Indonesia Stock Exchange for the period 2019-2021. The results of this study indicate that liquidity and leverage have a positive and significant effect on firm profitability, but on firm value, the effect of liquidity and leverage is negative, while profitability has no significant effect on firm value.

Source: JURNAL ECONOMIC RESOURCE

DOI: 10.57178/jer.v6i1.532

Authors: Ripaluddin Ripaluddin, Milka Pasulu, Ansar Taufiq

Institution: Sekolah Tinggi Ilmu Manajemen Lembaga Pendidikan Indonesia Makassar

Language: English

Topic: Financial Analysis and Corporate Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4352990855

FWCI: 2.333

Cites: 4

Cited by: 7

Related to: 10