ANALISIS PENGARUH PENGUKURAN KINERJA KEUANGAN BERDASARKAN RASIO LIKUIDITAS, SOLVABILITAS, AKTIVITAS, PROFITABILITAS DAN ECONOMIC VALUE ADDED (EVA) TERHADAP NILAI PERUSAHAAN
Abstract
This study aims to test and analyze the Influence of Financial Performance based on Liquidity Ratio, Solvency, Activity, Profitability and Economic Value Added (EVA) to Company Value. Objects in this study are Real Estate and Property Companies listed on Indonesia Stock Exchange period 2012-2016. In this research, we get the number of samples of 145 data selected with purposive sampling method. The analysis tool used is SPSS version 21 with multiple linear regression method.
Independent variable used in this research is the likudity ratio measured by CR, Solvency Ratio measured by DER, Activity ratio measured by TATO, Profitability Ratio as measured by ROE and Economic Value Added as measured by EVA.
Based on the analysis, the Liquidity Ratio has no effect on the firm's value, the Solvency Ratio has no effect on firm value, Activity Ratio has a significant positive effect on firm value, Profitability Ratio has a significant positive effect to firm value and Economic Value Added (EVA) have a positive effect on company value