PENGARUH PENJUALAN, PROFITABILITAS DAN SOLVABILITAS TERHADAP NILAI PERUSAHAAN
Abstract
Purpose― The research aims to evaluate the impact of sales, profitability, and solvency on the market value of pharmaceutical businesses listed on the Indonesia Stock Exchange between 2019 and 2023.
Method— Pharmaceutical businesses registered on the Indonesia Stock Exchange between 2019 and 2023 comprise the demographic and research sample for this quantitative study. Saturated sample methodology is employed in this study, with samples drawn from each of the 11 populations that make up the firms.
Finding— Upon examination of the analysis's findings, it was discovered that sales positively and significantly impacted company value, profitability positively and significantly impacted company value, solvency positively and significantly impacted company value to a partial extent, and sales, profitability, and solvency all significantly and simultaneously impacted company value.
Implikasi— Investors might benefit from the study's practical consequences when deciding on policies pertaining to sales, profitability, and solvency on company value. The findings of this investigation have theoretical ramifications that help to understand signal theory and agency theory. This empirical policy's consequences offer proof of how sales, profitability, and solvency affect company value.
Originality— The uniqueness of this study is demonstrated by how it differs from other studies. Rahman (2021) for example, explains that sales, profitability, and solvency all significantly affect a company's value at the same time. The second (Yusmaniarti, 2021) clarifies how the company's worth is impacted concurrently by sales, profitability, and solvency.
Keywords-- Sales, Profitability, Company value
References
Anggoro Seto,A. (2023). Analisis laporan keuangan. padang: global eksekutif teknologi.
Brighman, E. F. & Houston, F.J. (2019). Dasar-Dasar Manajemen Keuangan (Kesepuluh Ed). Jakarta: Salemba Empat
Heri. (2018). Analisis Laporan Keuangan. Jakarta:PTGramedia Wida Sarana Indonesia.
Irmawati, Jeni. (2021). Nilai Perusahaan dan Kebijakan Deviden Pada Perusahaan Contruction and Engineering Pada Bursa Efek Singapura. Banyumas:Pena Persada.
Kasmir. (2019). Analisis Laporan Keuangan (Kesatu ed.) cetakan keduabelas. Jakarta: Rajawali Pers.
Sugiyono, 2019. Metode Penelitian Kuantitatif kualitatif dan R&D. Bandung: Alfabeta
Tandiontong, M. (2022). Kualitas Audit Dan Pengaturannya. Cetakan kedua. Alfabeta.
Alifatul Laili Fajriah, Ahmad Idris, & Umi Nadiroh. (2022). Pengaruh Pertumbuhan Penjualan, Pertumbuhan Perusahaan Dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Ilmiah Manajemen Dan Bisnis, 7, 1–12.
Arianti, B. F. (2022). Pengaruh Struktur Modal, Pertumbuhan Penjualan Dan Keputusan Investasi Terhadap Nilai Perusahaan. Gorontalo Accounting Journal, 5(1), 1. Https://Doi.Org/10.32662/Gaj.V5i1.1845
Azizah, N. (2021). Pengaruh Profitabilitas, Likuiditas, Dan Leverage Terhadap Nilai Perusahaan Pada Perusahaan Sub Sektor Property And Real Estate Yang Terdaftar Di Bursa Efek Indonesia.
Detama. Ghazian Rosliando. (2021). Pengaruh Profitabilitas, Likuiditas, Dan Leverage Terhadap Nilai Perusahaan (Pada Perusahaan Farmasi Yang Terdaftar Di Bei).
Dewi, Lani Alfianti. (2022). Pengaruh Ukuran Perusahaan, Profitabilitas, Dan Leverage Terhadap Nilai Perusahaan Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bei Periode 2017-2020.
Dewi, V. S., & Ekadjaja, A. (2020). Pengaruh Profitabilitas, Likuiditas Dan Ukuran Perusahan Terhadap Nilai Perusahaan Paada Perusahaan Manufaktur. Jurnal Multiparadigma Akuntansi Tarumanegara, 2, 118–156.
Herawan, F., & Dewi, S. P. (2021). Pengaruh Profitabilitas, Leverage, Likuiditas, Dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Jurnal Multiparadigma Akuntansi, 3, 137–145.
Ndruru, M., Silaban, P. B., Sihaloho, J., Manurung, K. M., & Sihaputar, T. T. U. (2020). Pengaruh Likuiditas, Leverage, Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur Tahun 2015. Jurnal Ilmiah Mea (Manajemen, Ekonomi Dan Akuntansi), 4, 390–405.
Sahla Wiliam, Rajaguguk, & Sudjiman, L. Siregar. (2022). Pengaruh Profitabilitas, Likuiditas Dan Leverage Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur Sub Sektor Pertambangan Batu Bara Yang Terdaftar Di Bei Periode 2018–2020. Jurnal Ekonomi, Sosial Dan Humaniora, 3.
Yulimtinan, Z., Program, ), Akuntansi, S., Bank, S., Jateng, B., Atiningsih, S., & Author, C. (2021). Leverage Ukuran Perusahaan Pertumbuhan Penjualan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Mediasi. Balance : Jurnal Akuntansi Dan Bisnis, 6(1), 69–82. Http://Jurnal.Um-Palembang.Ac.Id/Balance
