Pengaruh Faktor Ekonomi Makro dan Kinerja Keuangan Terhadap Nilai Perusahaan (Studi Empiris Pada Sektor Property & Real Estate di BEI Periode 2015-2017)

Abstract

ABSTRACT

This study aims to examine and analyze the influence of the inflation rate Uang Currency Exchange Rate, Interest Rate, Liquidity Ratio, Solvability Ratio and Rentability Ratio to Firm Value. The population and sample are all Property and Real Estate companies listed on the Indonesia stock exchange for the period 2015-2017. The data analysis in this study uses SPSS version 14. The sampling technique of this study used purposive sampling method and the data testing techniques used in this study included normality tests, classic assumptions and multiple linear regression analysis, and testing the research hypothesis. The results of this study that Currency Exchange Rate has no significant effect on firm value. The Tingakat Interest Rate does not have a significant effect on the value of the company. Liquidity ratio does not have a significant effect on firm value. Solvability ratio has a significant positive effect on Company Value. Rentability ratio does not have a significant effect on Company Value.

The results of this study indicate that: (1) Currency Exchange Rate does not affect the Company Value. (2) Interest Rate does not affect the Value of the Company (3) Liquidity Ratio does not affect Company Value (4) Solvability Ratio has a positive effect on Value Company, and (5) Profitability ratio does not affect Company Value.

Keywords: Inflation Rate, Currency Exchange Rate, Interest Rate, Liquidity Ratio, Solvability Ratio, Profitability Ratio and Company Value.