PENGARUH PROFITABILITAS, STRUKTUR AKTIVA, LIKUIDITAS DAN UKURAN  PERUSAHAAN TERHADAP STRUKTUR MODAL PADA PERUSAHAAN FOOD AND  BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2018-2022

Safira Maghfira Febriana; Amalia Ilmiani

Safira Maghfira Febriana
Amalia Ilmiani

Kata Kunci: Earning Per Share, Environmental, Social, Governance (ESG) Disclosure, Farm Size, Profitability

Abstrak

Purpose – This research aims to determine the effect of profitability, liquidity, earnings per share, firm size and environmental, social, governance (ESG) disclosure on firm value in manufacturing companies listed on the Indonesia Stock Exchange in 2019-2021.
Design/methodology/approach – The population in this research is manufacturing companies listed on the Indonesia Stock Exchange in 2019-2021. The sampling technique uses purposive sampling. The number of samples in this research was 62 companies. The data analysis technique used is multiple linear regression analysis using SPSS.
Findings – The research results show that (1) profitability (ROE) has a positive effect on firm value (PBV). (2) liquidity (CR) has no positive effect
on firm value (PBV). (3) earnings per share (EPS) has a negative effect on firm value (PBV). (4) firm size has a positive effect on firm value (PBV). (5) environmental, social, governance disclosure (ESG) has a positive effect on firm value (PBV).