PENGARUH KINERJA KEUANGAN, UKURAN PERUSAHAAN DAN KUALITAS AUDIT TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BURSA EFEK INDONESIA

  • Ni Kadek Elis Rianti Universitas Mahasaraswati Denpasar
  • I Gede Cahyadi Putra Universitas Mahasaraswati Denpasar
  • Ida Ayu Ratih Manuari Universitas Mahasaraswati Denpasar
  • Desy Wedasari
Keywords: Debt to equity ratio, return on assets, company size, audit quality, firm value

Abstract

Firm value is a characteristic that tends to provide an evaluation of the company's performance both internally and externally (Cahyaningtyas, 2015). Company value has an important role in the company because when the company has good value, the company will get its own position in the business environment. The population used in this study is the financial statements of basic industry and chemical sector companies listed on the Indonesia Stock Exchange from 2015-2019. The sample in this study were 10 companies. The sampling method used was purposive sampling. The data analysis technique used is multiple linear regression analysis. The results showed that the Debt to Equity Ratio had a negative and significant effect on Firm Value. Meanwhile, Return on Assets has a positive and significant effect on Firm Value. However, Company Size and Audit Quality have no effect on Firm Value. For further research, it is expected to develop and multiply the variations of the independent variables used in further research which aims to expand the factors that are more influential on firm value such as asset growth, dividend policy, managerial ownership and other financial ratios.

Published
2021-02-28