Faktor-Faktor Yang Mempengaruhi Nilai Perusahaan Melalui Profitabilitas Sebagai Variabel Intervening

Abstract

The study aims to determine the effect of financial performance through profitabilityon value of banking on BEI 2015-2019. The samples obtained 26 companies using purposivesampling. Path analysis with SPSS and sobel test as data analysis. The F test model 1 significant,t test: non-performing loan, operating efficiency ratio has a significant negative effect,meanwhile loan to deposit ratio has an insignificant effect on profitability. The F test model 2significant, t test: loan to deposit ratio, operating efficiency ratio has a significant negative effect,meanwhile non-performing loan, profitability has an insignificant effect on value of banking.The t test (Intervening) indicates non-performing loan, loan to deposit ratio, operating efficiencyratio through profitability insignificantly on value of banking. The implication of this study isregards to performance more than profitability.