THE EFFECT OF LEVERAGE, LIQUIDITY, AND PROFITABILITY ON THE VALUE OF COMPANIES IN THE MARINE TRANSPORTATION SUB-SECTOR ON THE IDX FOR THE 2019–2022 PERIOD

Aldista Lito Jawa Kelen

Abstract


Abstract

 

Firm value reflects shareholder wealth and investor expectations. This study aims to examine the effect of leverage, liquidity, and profitability on firm value of shipping subsector companies listed on the Indonesia Stock Exchange for the 2019–2022 period. The research employed a quantitative method with multiple linear regression analysis. The population comprised shipping companies listed on the IDX, and purposive sampling yielded 68 observations. The results show that leverage, liquidity, and profitability each have a significant positive effect on firm value. Thus, sound financial performance serves as a positive signal to investors and enhances firm value.

Keywords: Leverage, LIquidity, Profitability, Frm Value

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References


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