Pengaruh likuiditas dan profitabilitas terhadap nilai perusahaan pada perusahaan manufaktur sektor industri dasar dan kimia

Purposes - This study aims to determine and analyze the influence of liquidity on corporate value; the effect of profitability on firm value; the influence of liquidity and profitability of company value; and the influence of liquidity on firm value with profitability as intervening variable. Methods - This research is classified as quantitative research, especially causal research. The population in this research is manufacturing company of basic and the chemical industry sector, which listed in Indonesia Stock Exchange (BEI) year 2016. Pursuant to purposive sampling method obtained 30 samples. Data were obtained from the Publication Financial Report, published by Bank Indonesia during the analysis period of 2016. The data analysis techniques in this study used path analysis. Findings - First, liquidity positively insignificant to profitability. Second, liquidity is negatively insignificant to firm value. Third, profitability has a negative and significant effect on company value. Fourth, liquidity has no effect on firm value and is not mediated by profitability. Keywords - Liquidity, Profitability and Corporate ValuePurposes - This study aims to determine and analyze the influence of liquidity on corporate value; the effect of profitability on firm value; the influence of liquidity and profitability of company value; and the influence of liquidity on firm value with profitability as intervening variable. Methods - This research is classified as quantitative research, especially causal research. The population in this research is manufacturing company of basic and the chemical industry sector, which listed in Indonesia Stock Exchange (BEI) year 2016. Pursuant to purposive sampling method obtained 30 samples. Data were obtained from the Publication Financial Report, published by Bank Indonesia during the analysis period of 2016. The data analysis techniques in this study used path analysis. Findings - First, liquidity positively insignificant to profitability. Second, liquidity is negatively insignificant to firm value. Third, profitability has a negative and significant effect on company value. Fourth, liquidity has no effect on firm value and is not mediated by profitability. Keywords - Liquidity, Profitability and Corporate Valu