Analisis Pengaruh Ukuran Perusahaan, Tingkat Hutang, EBIT, ROA dan ROE terhadap Penciptaan Nilai (Value Creation) pada Perusahaan Sektor Farmasi yang Terdaftar di BEI Periode 2019-2022

Abstract

This research aims to determine the influence of company size, leverage, EBIT, ROA and ROE on value creation in pharmaceutical sector companies listed on the IDX for the 2019-2022 period. The research sample consisted of 16 pharmaceutical sector companies listed on the Indonesia Stock Exchange (IDX) that had not merged and had an initial public offering (IPO). This research uses a quantitative approach with data collection methods through documentation and literature study. Data analysis was carried out using SPSS version 27. The results showed that company size had a positive and insignificant effect on company value creation, leverage had a negative and insignificant effect on company value creation, EBIT had a positive and significant effect on company value creation, ROA had a positive effect and significant to company value creation, ROE has a positive and insignificant effect on company value creation.