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This study aims to determine the significance of the effect of capital structure, liquidity and sales growth on company value. The population of this research is the food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange for the period of 2016-2018, with a population of 13 companies. Determination of the number of samples in this study using a purposive sampling method, the purpose of using purposive sampling is to obtain a representative sample in accordance with the criteria determined by the researchers. Data analysis techniques used in this study are multiple linear regression analysis techniques and hypothesis testing F-statistics to test influence simultaneously. This study also uses t-statistics to partially test the regression coefficients. The classical assumption test results show that there are no deviations from the classical assumptions. This shows that the available data meets the requirements to be analyzed with multiple linear regression models. From this study it was concluded that the Capital Structure variable simultaneously and partially had a positive effect on Firm Value, the Liquidity variable simultaneously and partially had a positive effect on Firm Value while the Sales Growth variable simultaneously and partially had no effect on the Firm Value variable.
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In-Text Citation: (Mappadang, 2020)
To Cite this Article: Mappadang, A. (2020). Capital Structure, Liquidity, Sales Growth On Firm Value: Evidence In Indonesia Stock Exchange. International Journal of Academic Research in Business and Social Sciences, 10(8), 188–201.
Copyright: © 2020 The Author(s)
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