ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING (Studi pada Bank Umum Go Public yang terdaftar di Bursa Efek Indonesia Tahun 2012 – 2016)
Abstract: This study aims to
analyze the factors that effects firm’s value with profitability as the
intervening variable on Go Public commercial bank listed on the Indonesian
Stock Exchange (IDX) in the 2012-2016 period. Price Book Value (PBV) is the
dependent variable in this study. There are four independent variables used,
they are Based Lending Rate (BLR), Non-Performing Loan (NPL), Loan to Deposit
Ratio (LDR), Operational Expense to Operational Income (BOPO), and Return on
Asset (ROA) as the intervening variable.
The population used in this study consisted of go public commercial banks
listed on IDX in the 2012-2016 period, bringing the total population is consist
of 31 companies. The total samples are 19 companies. The data analysis methods
which are used is path analysis which are the development of linear regression
analysis and used the Sobel Test to analyze the mediation effect of the
intervening variable.
The result of this study shows that BLR, NPL, LDR has insignificant
effect to ROA, BOPO has significant negative effect to ROA. BLR, LDR, ROA has
significant effect to PBV. NPL and BOPO has insignificant effect to PBV. ROA
can’t mediate the effect of BLR, NPL, LDR, and BOPO to PBV.
Keywords: Firm Value,
Profitability
Penulis: Rahma Asriyani, Wisnu
Mawardi
Kode Jurnal: jpmanajemendd180441
