Putri, Shela Hajjaria and Dr. Drs. Dwi Atmanto, M.Si. (2022) Pengaruh Tingkat Profitabilitas dan Leverage Terhadap Nilai Perusahaan Sektor Kesehatan yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2020. Sarjana thesis, Universitas Brawijaya.
Abstract
Pendirian perusahaan pada dasarnya untuk memaksimalkan keuntungan dan mengoptimalkan sumber daya yang dimiliki guna memastikan keberlangsungan hidup perusahaan serta kemakmuran pemegang saham. Nilai perusahaan mencerminkan kemampuan perusahaan dalam mengelola perusahaan. Penelitian ini dilakukan untuk mengetahui secara fundamental pengaruh profitabilitas menggunakan rasio Return On Assets (ROA) dan Earning Per Share serta leverage menggunakan rasio Debt Ratio (DR) dan Debt to Equity Ratio (DER) terhadap nilai perusahaan sektor kesehatan yang terdaftar di Bursa Efek Indonesia periode 2016-2020. Jenis penelitian ini adalah Explanatory Research dengan pendekatan kuantitatif. Penelitian ini menggunakan data sekunder yang diperoleh oleh situs resmi Bursa Efek Indonesia. Penelitian ini menggunakan analisis tahunan dengan jumlah 14 sampel dari 23 perusahaan. Analisis data yang dilakukan adalah analisis regresi linear berganda dengan menggunakan SPSS 26.00 for windows. Hasil penelitian menunjukkan bahwa secara parsial Return On Assets (ROA) dan Debt Ratio (DR) berpengaruh positif dan signifikan terhadap nilai perusahaan. Earning Per Share (EPS) menunjukkan pengaruh negatif secara signifikan. Debt to Equity Ratio (DER) berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan. Secara bersama-sama Return On Assets (ROA), Earning Per Share (EPS), Debt Ratio (DR), dan Debt to Equity Ratio (DER) berpengaruh terhadap nilai perusahaan (Tobin’s Q). Manajemen perusahaan dapat memperhatikan rasio-rasio tersebut guna menghasilkan analisis tepat untuk meningkatkan nilai perusahaan. Investor juga bisa menjadikan rasio-rasio tersebut sebagai dasar pengambilan keputusan investasi.
English Abstract
The establishment of the company is basically to maximize profits and optimize the available resources to ensure the survival of the company and the prosperity of the shareholders. The company's goals can be realized by increasing the value of the company. Company value reflects the company's ability to manage the company. Various ways are carried out by companies to increase value, one of which is maximizing the use of assets, capital, and debt. Based on this, the health sector listed on the Indonesia Stock Exchange from 2016-2020 had a positive contribution to Indonesia's Gross Domestic Product (GDP) during the study period, including the global Covid-19 pandemic. This positive and everincreasing contribution is an interesting thing to research. This research was conducted to determine fundamentally the effect of profitability using the ratio of Return On Assets (ROA) and Earning Per Share and leverage using the ratio of Debt Ratio (DR) and Debt to Equity Ratio (DER) on the value of the company (Tobin's Q) of the health sector listed in Indonesia Stock Exchange 2016-2020 Period. This type of research is Explanatory Research with a quantitative approach. This research used secondary data obtained from the official website of the Indonesia Stock Exchange. This study used annual analysis with a total of 14 samples from 23 companies. The data analysis is multiple linear regression analysis using SPSS 26.00 for windows. The results showed that partially Return On Assets (ROA) and Debt Ratio (DR) had a significant and positive effect on firm value. Earning Per Share (EPS) is partially a significant effect on firm value but showed a negative effect. Debt to Equity Ratio (DER) had insignificant and negative effect on firm value. Return On Assets (ROA), Earning Per Share (EPS), Debt Ratio (DR), and Debt to Equity Ratio (DER) simultaneously have a significant effect on firm value (Tobin's Q). Company management can pay attention to these ratios in order to produce the right analysis to increase the value of the company. A definite company will have a higher value when the company is able to manage all assets, capital, and debt by prioritizing the principles of effectiveness and efficiency. Investors can also use these ratios as the basis for making investment decisions.
Item Type: | Thesis (Sarjana) |
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Identification Number: | 0522030019 |
Uncontrolled Keywords: | Nilai Perusahaan Terhadap Return On Assets, Earning Per Share, Debt Ratio, dan Debt to Equity Ratio.Firm Value on Return On Assets, Earning Per Share, Debt Ratio, and Debt to Equity Ratio. |
Subjects: | 600 Technology (Applied sciences) > 658 General management |
Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
Depositing User: | Budi Wahyono Wahyono |
Date Deposited: | 10 May 2022 03:15 |
Last Modified: | 10 May 2022 03:15 |
URI: | http://repository.ub.ac.id/id/eprint/190305 |
Text (DALAM MASA EMBARGO)
SHELA HAJJARIA PUTRI.pdf Restricted to Registered users only until 31 December 2024. Download (6MB) |
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