Utama, Oktavian Arga Dwi (2024) PENGARUH FINANCIAL STRENGTH DAN BANK SPECIFIC TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING (Studi Empiris pada Perusahaan Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2023). S1 thesis, UNIVERSITAS SULTAN AGENG TIRTAYASA.
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Abstract
This research aims to examine and analyze the influence of financial strength and bank specifics on firm value with profitability as an intervening variable. This research used profitability as an intervening variable which is measured by return on assets (ROA). The independent variables in this research are financial strength which is proxied by CAMEL (Capital, Asset quality, Managerial efficiency, Earnings, and Liquidity), and bank-specific which is proxied by firm size and leverage. Firm value as the dependent variable in this research is measured by price-to-book value (PBV). The population of this research includes banking companies listed on the Indonesian stock exchange in 2018–2023. The purposive sampling method was used to select the sample in this research and 40 companies were selected with a total sample of 240 research data. Multiple linear regression was used as an analysis technique in this research with StataMP 17 software and path analysis with sobel test. The results of this research show that capital, managerial efficiency, earnings, and leverage have a positive effect on firm value, while asset quality and liquidity have a negative effect on firm value, and firm size has no effect on firm value. Apart from that, profitability can only be an intervening variable in the relationship of, capital on firm value, earnings to firm value and firm size to firm value.
| Item Type: | Thesis (S1) | |||||||||
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| Additional Information: | Penelitian ini bertujuan menguji dan menganalisa pengaruh financial strength dan bank specific terhadap nilai perusahaan dengan profitabilitas sebagai variabel intervening. Penelitian ini menggunakan profitabilitas sebagai variabel intervening yang diukur dengan return on asset (ROA). Variabel independen dalam penelitian ini adalah financial strength yang diproksikan dengan CAMEL (Capital, Asset quality, Managerial efficiency, Earnings, dan Likuiditas) dan bank specific yang diproksikan dengan ukuran perusahaan dan leverage. Nilai perusahaan sebagai variabel dependen dalam penelitian ini diukur dengan price-to-book value (PBV). Populasi penelitian ini meliputi perusahaan perbankan yang terdaftar di bursa efek Indonesia tahun 2018–2023. Metode purposive sampling digunakan untuk memilih sampel dalam penelitian ini dan terpilih 40 perusahaan dengan total sampel sebanyak 240 data penelitian. Regresi linear berganda digunakan sebagai teknik analisis dalam penelitian ini dengan software StataMP 17 dan analisis jalur dengan uji sobel. Hasil penelitian ini menunjukkan bahwa capital, managerial efficiency, earnings, dan leverage berpengaruh positif terhadap nilai perusahaan, sedangkan asset quality, dan likuiditas berpengaruh negatif terhadap nilai perusahaan, serta ukuran perusahaan tidak berpengaruh terhadap nilai perusahaan. Selain itu, profitabilitas hanya dapat menjadi variabel intervening pada hubungan capital terhadap nilai perusahaan, earnings terhadap nilai perusahaan dan ukuran perusahaan terhadap nilai perusahaan. | |||||||||
| Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting H Social Sciences > HF Commerce > HF5601 Accounting H Social Sciences > HG Finance |
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| Divisions: | 05-Fakultas Ekonomi dan Bisnis 05-Fakultas Ekonomi dan Bisnis > 62201-Program Sarjana Akuntansi |
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| Depositing User: | Oktavian Arga Dwi Utama | |||||||||
| Date Deposited: | 12 Aug 2024 14:03 | |||||||||
| Last Modified: | 12 Aug 2024 14:03 | |||||||||
| URI: | http://eprints.untirta.ac.id/id/eprint/40574 |
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