摘要：High corporate value of a company will attract investors to invest in the company. Company value on companies that went public in the long-term improvement is affected by profi tability, the higher the value of the company’s profi tability is also higher the value of the company, and the lower the profi tability of a company refl ects the low value of the company. Investors buy stocks in companies that go pubilc in order to benefi t from the investments made. This study aimed to analyze the infl uence of Liquidity and Leverage on Profi tability and Value.The population used in this study is a banking company listed in Indonesia Stock Exchange (BEI) in 2007 to 2011 by 31 companies. The sampling technique used was purposive sampling. Samples taken in this study were 20 companies for 5 years. Techniques of data analysis in this study using Path analysis.The results showed that: 1) no signifi cant positive effect of liquidity on profi tability. 2) leverage gives a signifi cant positive effect on profi tability. 3) liquidity is not signifi cant positive effect on a fi rm value. 4) Liquidity positive effect on company value through profi tability. 5) Leverage gives a signifi cant positive effect on fi rm value. 6) Leverage has a positive effect on fi rm value through profi tability. 7) Profi tability gives a signifi cant positive effect on company value.
其他摘要：High corporate value of a company will attract investors to invest in the company. Company value on companies that went public in the long-term improvement is affected by profi tability, the higher the value of the company’s profi tability is also higher the value of the company, and the lower the profi tability of a company refl ects the low value of the company. Investors buy stocks in companies that go pubilc in order to benefi t from the investments made. This study aimed to analyze the infl uence of Liquidity and Leverage on Profi tability and Value.The population used in this study is a banking company listed in Indonesia Stock Exchange (BEI) in 2007 to 2011 by 31 companies. The sampling technique used was purposive sampling. Samples taken in this study were 20 companies for 5 years. Techniques of data analysis in this study using Path analysis.The results showed that: 1) no signifi cant positive effect of liquidity on profi tability. 2) leverage gives a signifi cant positive effect on profi tability. 3) liquidity is not signifi cant positive effect on a fi rm value. 4) Liquidity positive effect on company value through profi tability. 5) Leverage gives a signifi cant positive effect on fi rm value. 6) Leverage has a positive effect on fi rm value through profi tability. 7) Profi tability gives a signifi cant positive effect on company value. Keywords :Liquidity, Leverage, Profi tability, Company Value
关键词：Liquidity; Leverage; Profi tability; Company Value
