PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN DENGAN LIKUIDITAS SEBAGAI VARIABEL MODERASI

Rizqya Rafida Rahmadini, Anggita Langgeng Wijaya, Juli Muwarni

Abstract


Companies need to pay more attention to economic, environmental and social performance. The purpose of this research is to determine the effect of Return On Assets (ROA) on financial performance on the value of food and beverage companies on the IDX in the 2013-2022 period and to find out whether the Current Ratio (CR) on liquidity is able to moderate the influence of financial performance on the value of food and beverage companies. beverage on the IDX in the 2013-2022 period. Financial performance is measured by return on assets, company value is calculated by Tobin's Q, and liquidity is calculated by the current ratio. This type of research uses quantitative research, data collection comes from www.idx.co.id and the annual reports of each company. Hypothesis tests carried out are T test, MRA test, determinant coefficient test. The results of research tests state that the influence of return on assets on financial performance on company value has a positive and significant effect and liquidity cannot moderate the influence of financial performance on value company.

Keywords: Return on Asset, Current Ratio, Food and Beverage 

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References


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