PENGARUH PROFITABILITAS, LIKUIDITAS, KEPEMILIKAN INSTITUSIONAL DAN KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN

Abstract

The main purpose of companies that have gone public (companies whose shares are listed on the Indonesia Stock Exchange) is to generate profits to increase the value of the company. This study aims to determine the effect of profitability, liquidity, institutional ownership, and managerial ownership on firm value. This research was conducted on the property and real estate sector which was listed on the Indonesia Stock Exchange for the period 2014-2017, with a sample of 11 companies. Data collection is done by purposive sampling method. Technical data analysis in this study uses multiple linear regression analysis. Based on the analysis obtained results that profitability and managerial ownership have a positive and significant effect on firm value, while liquidity and institutional ownership have a negative effect on firm value. Keywords: firm value; profitability; liquidity; institutional ownership; managerial ownership