Pengaruh Sales Growth, Firm Size, Debt Policy, Return On Asset terhadap Nilai Perusahaan pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia

  • Lusiana Veronika Sinaga Fakultas Ekonomi, Universitas Prima Indonesia, Medan
  • Antonia Masriani Nababan Fakultas Ekonomi, Universitas Prima Indonesia, Medan
  • Annisa Nauli Sinaga Fakultas Ekonomi, Universitas Prima Indonesia, Medan
  • Thomas Firdaus Hutahean Fakultas Ekonomi, Universitas Prima Indonesia, Medan
  • Siti Tiffany Guci Fakultas Ekonomi, Universitas Prima Indonesia, Medan

Abstract

The company was builded to maximixing the wealth of their owner or their stokeholders. The company’s goal can be achieved by maximizing the firm value.The purpose of this research is to find out the impact of  some variables such as Growth of Sales, Firm Size, Debt Policy, and ROA, to Firm Value on companies to Property and Real Estate  period 2013-2016.Purposive sampling method was used in sampling and 26 companies were used as sample.Method of  observation and using Linear Regression Analysis as the Analysis technique and 26 companies were used as sample.The result showed that Growth of Sales has significant and not impact on Firm Value, Firm Size has a positive and significant impact on Firm Value, Debt Policy not impact and not significanton firm value. And ROA has a positive and significant impact to Firm Value.The firm value is very important because the higher is the firm value, the higher is the wealth of the company’s owner. To the investors that they may point out the Return on Asset and before make an investment.

Keywords : Sales Growth, Firm Size, Debt Policy, Return on Asset

References

Fahmi Irham. (2012). Manajemen Investasi, Jakarta : Penerbit Selemba Empat.

Ghozali, Imam. (2013). Aplikasi Analisis Multivariate dengan Program IBM SPSS 21 Update PLS Regresi. Semarang: Badan Penerbit Universitas Diponegoro.

Harahap, Sofyan, Syafri. (2015). Analisis Kritis Laporan Keuangan, Cetakan keduabelas. Jakarta:PT. RajaGrafindo Persada.

Harmono. (2001). Manajemen Keuangan, Cetakan Kedua. Jakarta : PT Bumi Aksara.

Kasmir. (2012). Analisis Laporan Keuangan. Cetakan Kelima. Jakarta: PT. Raja Grafindo Persada.

Limbong, Ditta Tessa Sampriani, dan M. Chabacib (2016). “Analisis Pengaruh Struktur Modal, Pertumbuhan Penjualan dan Ukuran Peusahaan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Kasus Pada Perusahaan Real Estate dan Property yang Terdaftar di BEI Tahun 2010-2014)”. Diponegoro Journal Of Management, 5 (4), 1-15

Nila, Luh dan Suryanawa, (2018).“Pengaruh Profitabilitas dan Ukuran Perusahaan Terhadap Nilai Perusahaan Dengan Pengungkapan Corporate Social Responsibility Sebagai Pemoderasi.”.E-Jurnal Akuntansi Universitas Udayana, 23(3), 2145-2147

Okalesa, O. (2018). Analisis Pengaruh Ukuran Perusahaan, ROA dan DAR terhadap Audit Delay (Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2011-2016). Journal of Economic, Bussines and Accounting (COSTING), 1(2), 221–232. doi:10.31539/costing.v1i2.204

Pratama, Angga & Wiksuana, (2016). Pengaruh Ukuran Perusahaan dan Leverage Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Mediasi” E-Jurnal Manajemen Unud, 5 (2),1338 – 1367

Prasetyantoko, A. (2008). Bencana Finansial, Stabilitas Sebagai Barang Publik. Jakarta: Kompas Media Nusantara

Sugiono Arief & Edi Untung. (2016). Panduan Praktis Dasar Analisa Laporan Keuangan, Jakarta : Penerbit PT Grasindo.

Sugiyono. (2012). Metode Penelitian Kuantitatif Kualitatif dan R&D. Bandung: Alfabeta.
Published
2019-06-23
Abstract viewed = 676 times
PDF downloaded = 730 times