Liquidity and Asset Growth on Telecommunications Companies Value

Authors

  • Nardi Sunardi Universitas Pamulang

DOI:

https://doi.org/10.32493/skt.v5i3.23882

Keywords:

Liquidity, Asset Growth, Telecommunications Companies Value

Abstract

The purpose of this study was to determine the effect of liquidity as proxied by Current Ratio (CR) and Asset Growth as proxied by Asset Growth Ratio (AGR) to firm value (PBV) in telecommunications companies. The type of data used in this research is secondary data. The sampling technique used in this research is purposive sampling. The population are telecommunication companies listed on the Indonesia Stock Exchange as many as 3 telecommunication companies in the 2016-2021 period. The research method is descriptive with a quantitative approach, namely the data obtained and analyzed on the basis of numbers that exist in telecommunications companies listed on the Indonesia Stock Exchange in 2016-2021, the research method is panel data regression analysis. Based on the results of the research hypothesis t test shows that liquidity has a significant effect on firm value and firm growth has no significant effect on firm value. Then, liquidity and firm simultaneously or jointly have a significant effect on firm value.

References

Agus Sartono. (2012). Manajemen Keuangan Teori dan Aplikasi Edisi Keempat. Yogyakarta: BPFE.

Amirullah. (2015). Pengantar Manajemen. Jakarta: Mitra Wacana Media. Fahmi, Irham. 2014. Analisa Kinerja Keuangan. Bandung: Alfabeta.

Abdul M., M. R. Noerirawan. 2012. Pengaruh Faktor Internal Dan External Perusahaan Terhadap Nilai Perusahaaan. Jurnal Akuntansi Vol. 1 No. 2 Hal 4.

Birowo, D. A. N., & Fuadati, siti R. (2021). Pengaruh Struktur Modal, Likuiditas, dan Solvabilitas Terhadap Nilai Perusahaan Pada Perusahaan Telekomunikasi Yang Terdaftar di BEI. Jurnal Ilmu Dan Riset Manajemen, 10(3), 1–17.

Dewi, W. C., Siregar, M. Y., & Tarigan, E. D. S. (2020). Pengaruh Likuiditas Dan Pertumbuhan Penjualan Terhadap Nilai Perusahaan Pada Perusahaan Telekomunikasi Yang Terdaftar Di Bursa Efek Indonesia Tahun 2015-2018. Jurnal Ilmiah Manajemen Dan Bisnis (Jimbi), 1(2). Julaeha, Aryani, F., & Hendratni, T. W. (2021). Pengaruh Profitabilitas, Struktur Modal, Dan Keputusan Investasi Terhadap Nilai Perusahaan (Studi Kasus Pada Perusahaan Telekomunikasi Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2014-2020). Jimp: Jurnal Ilmiah Manajemen Pancasila, 1(2), 106-118.

Husnan, Suad. (2013). Manajemen Keuangan Edisi Keempat. Yogyakarta: BPFE.

Hanafi, M. M. (2018). Analisis Laporan Keuangan. UPP STIM YKPN.

Husain, T., & Sunardi, N. (2020). Firm's Value Prediction Based on Profitability Ratios and Dividend Policy. Finance & Economics Review, 2(2), 13-26.

Hakim, L., Sunardi, N. (2017). Determinant of leverage and it's implication on company value of real estate and property sector listing in IDX period of 2011-2015. Man in India, 97(24), pp. 131-148

Ikatan Akuntansi Indonesia. (2015). PSAK No. 1 Tentang Laporan Keuangan – Edisi Revisi.

Kadim, A., Sunardi, N & Husain, T. (2020). The modeling firm's value based on financial ratios, intellectual capital and dividend policy.Accounting, 6(5), 859-870.

Kadim, A., & Sunardi, N. (2022). Financial Management System (QRIS) based on UTAUT Model Approach in Jabodetabek. International Journal of Artificial Intelligence Research, 6(1).

Lesmana, R., Sunardi, N., & Kartono. The Effect of Financing and Online Marketing on MSMEs Income Increasing at Intermoda Modern Market BSD City Tangerang Selatan. American Journal of Humanities and Social Sciences Research (AJHSSR), 5(7), 25-34

Penerbit Dewan Standar Akuntansi Keuangan: PT. Raja Grafindo

Murhadi, Werner R. (2013). Analisis Laporan Keuangan Proyeksi dan Valuasi Saham. Jakarta: Salemba Empat

Nardi Sunardi Et Al (2020). Determinants of Debt Policy and Company’s Performance, International Journal of Economics and Business Administration Volume VIII Issue 4, 204-213

Riadi, Muchlisin (2017). Pengertian Nilai Perusahaan. www.kajianpustaka.com

Riduwan. (2015). Dasar-Dasar Statistika. Bandung: Alfabeta

Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabet. Sugiyono. (2019). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabet.

Putra, S. M. (2021). Pengaruh Profitabilitas Dan Pertumbuhan Perusahaan Terhadap Nilai Perusahaan Sub Sektor Telekomunikasi. Jurnal Ilmiah Manajemen Ubhara, 3(2), 108.

Rachmansyah, A. M., & Idayati, F. (2017). Pengaruh Kinerja Keuangan dan Keputusan Investasi terhadap Nilai Perusahaan. Jurnal Ilmu Dan Riset Akuntansi (JIRA), 6(11).

Sukma, F. M. (2021). Peran Firm Size, Current Ratio, Debt To Asset Ratio, dan Return On Equity Terhadap Price To Book Value Pada Perusahaan Telekomunikasi Yang Terdaftar di Bursa Efek Indonesia Periode 2014-2020. Improvement: Jurnal Manajemen Dan Bisnis, 1(1), 47.

Sunardi, N., & Febrianti, F. (2020). Likuiditas dan Kebijakan Hutang pengaruhnya terhadap Kinerja Perusahaan dan dampaknya terhadap nilai perusahaan pada industri sektor telekomunikasi di indonesia. JIMF (Jurnal Ilmiah Manajemen Forkamma), 3(3).

Sutanto, H., Erlina, E., & Abubakar, E. (2019). The Effect Of Firm Size, Firm Growth, Profitability And Capital Structure On Firm Value With Devident Policy As Intervening Variables In Telecommunication Companies Listed On Indonesia Stock Exchange. Journal Of Public Budgeting, Accounting And Finance, 2(4), 1–13.

Sutanto, H. (2021). Kebijakan Dividen, Pertumbuhan Perusahaan Dan Profitabilitas Pengaruhnya Terhadap Nilai Perusahaan Pada Perusahaan Telekomunikasi Yang Terdaftar Di Bei Periode 2010-2018. Jurnal Ilmiah Smart, 5(1), 28-34.

Yanti, N. (2020). Pengaruh Ukuran Perusahaan, Struktur Modal, Profitabilitas, Dan Likuiditas Terhadap Nilai Perusahaan. Jurnal Paradigma Akuntansi, 2(1), 308.

.

Downloads

Published

2022-05-01

Issue

Vol. 5 No. 3 (2022): Jurnal SEKURITAS

Section

Articles

License

Open Access

Jurnal SEKURITAS (Saham, Ekonomi, Keuangan dan Investasi) is a national peer reviewed and open access journal that publishes significant and important research from all area of agroindustry.

This journal provides immediate open access to its content that making research publish in this journal freely available to the public that supports a greater exchange of knowledge.

Copyright

Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. Authors or others are allowed to multiply article as long as not for commercial purposes. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.

Disclaimer

No responsibility is assumed by publisher and co-publishers, nor by the editors for any injury and/or damage to persons or property as a result of any actual or alleged libelous statements, infringement of intellectual property or privacy rights, or products liability, whether resulting from negligence or otherwise, or from any use or operation of any ideas, instructions, procedures, products or methods contained in the material therein.