Determinan Nilai Perusahaan: Studi pada Perusahaan Sub Sektor Makanan dan Minuman di Bursa Efek Indonesia

Abstract

The aim of the study is to analyze determinant of firm value which are profitability, cash holding and firm size at Food and Beverages companies listed in Indonesia Stock Exchange. Sample selected by purposive sampling method are 14 companies. This study using secondary data, which was extracted from Indonesian Stock Exchange database. The data were then analyzed using multiple linier regressions. The research results revealed that profitability have positive and significant effect to firm value. However  firm size and cash holding don’t significantly effect firm value.

Keywords: determinant, company value