Winnata, Chynthia Angga (2025) The influence of profitability towards firm value. Bachelor thesis, Universitas Pelita Harapan.
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Abstract
This study aims to examine the effect of profitability on firm value in mining sector
companies listed on the Indonesia Stock Exchange (IDX) during the 2019-2023
period. Profitability serves as the independent variable, while firm value is the
dependent variable. The study also incorporates control variables, including
leverage, liquidity, company size, and solvency, to provide a more comprehensive
analysis. The research utilizes secondary data obtained from the financial
statements of 46 mining companies consistently listed on the IDX, with a total of
230 observations. The purposive sampling technique is employed to select
companies that meet the criteria of being consistently registered and publishing
complete financial reports throughout the study period. Data processing and
analysis are conducted using the SPSS 25 application to perform multiple
regression analysis. The findings of the study reveal that profitability has a
significant and positive influence on firm value, highlighting its importance as a
key driver of investor perceptions and firm valuation in the mining sector. This
underscores the critical role of financial performance in enhancing shareholder
wealth. By incorporating control variables, the study offers a nuanced
understanding of the determinants of firm value, providing valuable insights for
investors, policymakers, and corporate managers./ Penelitian ini bertujuan untuk menguji pengaruh profitabilitas terhadap nilai
perusahaan pada perusahaan sektor pertambangan yang terdaftar di Bursa Efek
Indonesia (BEI) selama periode 2019-2023. Profitabilitas berperan sebagai
variabel independen, sedangkan nilai perusahaan menjadi variabel dependen.
Penelitian ini juga memasukkan variabel kontrol, meliputi leverage, likuiditas,
ukuran perusahaan, dan solvabilitas, untuk memberikan analisis yang lebih
komprehensif. Penelitian ini memanfaatkan data sekunder yang diperoleh dari
laporan keuangan 46 perusahaan pertambangan yang secara konsisten terdaftar
di BEI, dengan total 230 observasi. Teknik purposive sampling digunakan untuk
memilih perusahaan yang memenuhi kriteria terdaftar secara konsisten dan
menerbitkan laporan keuangan lengkap selama periode penelitian. Pengolahan
dan analisis data dilakukan dengan menggunakan aplikasi SPSS 25 untuk
melakukan analisis regresi berganda. Hasil penelitian ini mengungkapkan bahwa
profitabilitas memiliki pengaruh yang signifikan dan positif terhadap nilai
perusahaan, menyoroti pentingnya profitabilitas sebagai pendorong utama
persepsi investor dan penilaian perusahaan di sektor pertambangan. Hal ini
menggarisbawahi peran penting kinerja keuangan dalam meningkatkan kekayaan
pemegang saham. Dengan menggabungkan variabel kontrol, studi ini menawarkan
pemahaman bernuansa tentang faktor penentu nilai perusahaan, memberikan
wawasan berharga bagi investor, pembuat kebijakan, dan manajer perusahaan.
Item Type: | Thesis (Bachelor) |
---|---|
Creators: | Creators NIM Email ORCID Winnata, Chynthia Angga NIM03012200039 chynthiaangga@gmail.com UNSPECIFIED |
Contributors: | Contribution Contributors NIDN/NIDK Email Thesis advisor Meilani, Meilani NIDN0112028504 meilani.fe@lecturer.uph.edu |
Uncontrolled Keywords: | Profitability; firm value; mining company; ordinary least square |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
Divisions: | University Subject > Current > Faculty/School - UPH Medan > Business School > Accounting Current > Faculty/School - UPH Medan > Business School > Accounting |
Depositing User: | Chynthia Angga Winnata |
Date Deposited: | 14 Apr 2025 02:56 |
Last Modified: | 14 Apr 2025 02:56 |
URI: | http://repository.uph.edu/id/eprint/68080 |