Pengaruh Profitabilitas, Leverage, dan Cash Holding terhadap Nilai Perusahaan Subsektor Pertambangan Batu Bara di Bursa Efek Indonesia
Abstract
Profitabilitas yang mencerminkan kinerja keuangan perusahaan dapat dipengaruhi oleh sejumlah faktor. Penelitian ini bertujuan untuk menganalisis pengaruh profitabilitas, leverage, dan cash holding terhadap nilai perusahaan. Objek pada dua puluh Perusahaan Subsektor Pertambangan Batu Bara di Bursa Efek Indonesia periode 2015 hingga 2019 (seratus observasi). Pengujian dengan permodelan pooled OLS. Hasil analisis menunjukkan bahwa profitabilitas, leverage, dan cash holding berpengaruh positif terhadap nilai perusahaan. Model penelitian dapat menjelaskan perubahan nilai perusahaan sebesar 13,2 persen.
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