Authors :
Andi Hidayat, Abdul Rahman Mus, Baharuddin Semmaila, Muhammad Su’un
Volume/Issue :
Volume 5 - 2020, Issue 5 - May
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/2ZZsPmM
Abstract :
The purpose of this study is to find the direct
and indirect goals of profitability as an intervening
variable of liquidity on firm value, the sample in this
study is companies in the food and beverage sub-sector
on the Indonesia Stock Exchange, this study uses panel
data from 2014 to 2018 and cross-section so that the
number of samples is 70, using WarpPLS software. The
research findings show partial liquidity on profitability
and firm value determine positively and significantly,
then profitability has a positive and significant effect on
firm value while directly showing that profitability does
not provide a significant direction of liquidity on firm
value.
Keywords :
Liquidity, Profitability, Company Value
The purpose of this study is to find the direct
and indirect goals of profitability as an intervening
variable of liquidity on firm value, the sample in this
study is companies in the food and beverage sub-sector
on the Indonesia Stock Exchange, this study uses panel
data from 2014 to 2018 and cross-section so that the
number of samples is 70, using WarpPLS software. The
research findings show partial liquidity on profitability
and firm value determine positively and significantly,
then profitability has a positive and significant effect on
firm value while directly showing that profitability does
not provide a significant direction of liquidity on firm
value.
Keywords :
Liquidity, Profitability, Company Value