PENGARUH LIKUIDITAS DAN KEPEMILIKAN INSTITUSIONAL TERHADP NILAI PERUSAHAAN PADA PERUSAHAAN INDEKS LQ45 YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This study aims to describe and analyze the influence of liquidity and institutional ownership on firm value, both simultaneously and partially, in companies listed on the LQ45 Index of the Indonesia Stock Exchange. The research employs a literature-based design with a sample of 18 companies observed over a five-year period. The data used consist of both quantitative and qualitative types, sourced from secondary data, and collected through documentation techniques. Data analysis was conducted using classical assumption tests, qualitative descriptive analysis, and quantitative descriptive analysis. The results show that liquidity tended to decline, institutional ownership generally increased, and firm value fluctuated over the observation period. Multiple regression analysis indicates that liquidity and institutional ownership have a positive effect on firm value. The correlation coefficient shows a moderate relationship between the variables, and hypothesis testing results in the rejection of H₀, confirming a positive and significant effect both simultaneously and partially.