IMPACT OF FINANCIAL PERFORMANCE, LIQUIDITY AND CAPITAL STRUCTURE ON COMPANY VALUE (EMPIRICAL STUDY OF FOOD AND BAVERAGE SUB-SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE)

Abstract

This research was conducted to determine the relationship and influence between financial performance, liquidity and capital structure on firm value. A total of 14 food and beverage companies were sampled using a purposive sampling technique. The data analysis tool uses the SPSS 25 program using multiple linear regression analysis methods. The independent variables in this study are measured by Return on Assets, Current Ratio and Debt to Equity Ratio. While the dependent variable is measured using the Price Book Value. The standard significance level in this study was 5%. This study produces data that stimulant ratios of financial performance, liquidity, and capital structure have a significant effect on firm value while partially ROA and DER have a positive effect on PBV, DER has no significant effect on PBV.