The Analysis of Determinant Factor of Company Value on Manufacture Company Listed on Indonesia Stock Exchange

Abstract

A high increase in corporate value is a long-term goal that a company should achieve that will be reflected in its stock market price. This study is aimed to analyze the effect of profitability, leverage, firm size, liquidity, debt policy and investment decisions on the value of the company in the food and beverage sub-sector manufacturing company listed on Indonesia Stock Exchange period of 2012-2016. This research is a quantitative research using purposive sampling techniques to determinate the sample. This research obtained 9 (nine) companies from 14 companies. The analysis model used in this research is multiple linear regression models. The research result indicate that profitability and investment decisions have a significant effect, while leverage, firm size, liquidity and debt policy has no significant effect on firm value.