The influence of profitability and financial leverage on company value in the registered telecomunications sub-sectors on BEI 2017-2022

Authors

  • Togar Naibaho Sekolah Tinggi Ilmu Ekonomi Profesional Indonesia, Indonesia
  • Veranda Panjaitan Sekolah Tinggi Ilmu Ekonomi Profesional Indonesia, Indonesia
  • Syah Paradiba Sirait Sekolah Tinggi Ilmu Ekonomi Profesional Indonesia, Indonesia

DOI:

https://doi.org/10.35335/ijafibs.v11i3.175

Keywords:

Profitability, Financial Leverage, Telecomunication Subsectors

Abstract

This study aims to determine the effect of Profitability and Financial Leverage on Firm Value in Telecommunications sub sector companies. The data for this research were obtained from annual report documents of companies in the telecommunications sub sector on the official website of the Indonesia Stock Exchange from 2017-2022. The results showed that the independent variable consisting of Profitability and Financial Leverage on the dependent variable, namely Firm Value with a significance value of Profitability of 0,001 < 0,05. Then Financial Leverage is 0,011 < 0,05. These results can be concluded that the variable Profitability have significant effect on Firm Value in telecommunications sub sector companies, while Financial Leverage have no significant effect on Firm Value in telecommunications sub sector companies.

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Published

2023-12-30

How to Cite

Naibaho, T., Panjaitan, V. ., & Sirait, S. P. . (2023). The influence of profitability and financial leverage on company value in the registered telecomunications sub-sectors on BEI 2017-2022. International Journal of Applied Finance and Business Studies, 11(3), 441–447. https://doi.org/10.35335/ijafibs.v11i3.175