Pengaruh Intangible Asset, Debt to Equity Ratio, Dan Return on Asset Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2018

Abstract

<jats:p>AbstrakPenelitian ini bertujuan untuk menganalisis (1) Pengaruh Aset Tidak Berwujud terhadap Nilai Perusahaan. (2) Pengaruh Rasio Hutang terhadap Ekuitas terhadap Nilai Perusahaan. (3) Pengaruh Pengembalian Aset terhadap Nilai Perusahaan (4) dan pengaruh Aset Tidak Berwujud, Rasio Hutang Terhadap Ekuitas, dan Pengembalian Aset Secara Bersamaan Terhadap Nilai Perusahaan di Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2014-2018. Penelitian ini menggunakan sampel 15 perusahaan yang dipilih berdasarkan kriteria, termasuk perusahaan yang menggunakan aturan sistem syariah dan mengalami keuntungan dalam periode yang telah ditentukan. Analisis tanggal yang digunakan adalah teknik purposive sampling menggunakan uji regresi linier berganda. Hasil penelitian ini adalah pengaruh positif dan signifikan terhadap variabel aset tidak berwujud pada nilai perusahaan, variabel rasio utang terhadap ekuitas berpengaruh negatif dan tidak signifikan terhadap nilai perusahaan, pengembalian aset memiliki pengaruh positif dan signifikan terhadap nilai perusahaan, dan yang terakhir adalah aset tidak berwu Kata Kunci: Aktiva Tidak Berwujud, Rasio Hutang terhadap Ekuitas, Pengembalian Aktiva, dan Nilai PerusahaanAbstractThis study aims to analyze (1) The Effect of Intangible Assets on Firm Value. (2) The Effect of Debt to Equity Ratio on Firm Value. (3) The Effect of Return on Assets on Firm Value (4) and the effect of Intangible Asset, Debt to Equity Ratio, and Return on Assets Simultaneously Against the Firm Value in Manufacturing Companies Listed on the Indonesia Stock Exchange Period 2014-2018. This study uses a sample of 15 companies selected based on criteria, including companies that use the rules of the sharia system and experience profits in a predetermined period. Date analysis used was purposive sampling technique using multiple linear regression tests. The results of this study are positive and significant influences on the intangible asset variable on firm value, the variable debt to equity ratio has a negative and not significant effect on firm value, return on assets has a positive and significant effect on firm value, and the last is intangible assets, debt to equity ratio and return on assset influence jointly or simultaneously on the company's value.Keywords : Intangible Asset, Debt to Equity Ratio, Return on Assets, and Firm Valuebstract</jats:p>

Pengaruh Intangible Asset, Leverage dan Tingkat Pengembalian Hasil atas Asset serta Pengaruhnya terhadap Nilai Perusahaan

“…https://doi.org/10.37010/lit.v5i1.936 research conducted by Eka Wulandari, Risal Rinofah and Mujino (2020) show that the value of the company is positively influenced by Intangible Assets, in the research of Kombih and Suhardianto (2017), stated that intangible assets do not have a role and contribution in increasing company value.…”

“…Companies are said to be better when their ROA gets higher, and vice versa. Company value can also be considered good when the company's financial performance is in good condition, so it is a relationship between the ROA ratio and the Company Value, Eka Eka Wulandari, Risal Rinofah and Mujino (2020). Yoas researchers, Emilia Dewiwati Pelipa, Yunita Astikawati (2020), Markonah Markonah, Agus Salim, Johanna Franciska (2020), Amalia Nur Chasanah (2018) from the results of their research stated that the Company's Value was significantly influenced by Return on Asset.…”

“…The differentiator of this study from the previous one was the subject of the study year and there is one dependent variable differentiator. If the previous research conducted by Eka Wulandari, Risal Rinofah and Mujino (2020) with the dependent variable DER this time the researcher made the DAR variable as a differentiator. This DAR is the ratio of Debt to Total Assets of the Company.Average position during the pandemic and before the pandemic.…”

Pengaruh Non Perfoming Loan dan Ukuran Perusahaan terhadap Profitabilitas

“…[3] berpendapat bahwa NPL berpengaruh positif tetapi tidak signifikan terhadap profitabilitas, sedangkan ada yang berpendapat sebaliknya [3]. Terlepas dari temuan [4] berpendapat bahwa ukuran dan profitabilitas tidak berhubungan. Penelitian [4] berpendapat sebaliknya.…”

“…Terlepas dari temuan [4] berpendapat bahwa ukuran dan profitabilitas tidak berhubungan. Penelitian [4] berpendapat sebaliknya.…”