The Effect Of Leverage, Company Size, Inflation Rate, And Cash Holding On Company Value (In Hotel, Restaurant, and Tourism Sub-Sector Companies Listed on the IDX for the 2017-2020 period)

Abstract

This study aims to determine the effect of leverage, firm size, inflation rate, and cash Holding on firm value (in hotel, restaurant, and tourism Sub-Sector companies Listed on the Indonesian Stock Exchange for the 2017-2020 period). This research is a type of quantitative research. The population in this study amounted to 35 companies, using purposive sampling technique, obtained a research sample of 18 companies. The analytical method used in this research is multiple linier regression. The result showed that : (1) Leverage had a negative and significant effect on firm value. (2) Firm size has a negative and significant effect on firm value. (3) Inflation rate has no effect on firm value. (4) Cash Holding has a positive and significant effect on firm value. 
 Keywords : Leverage (DER), Company Size, Inflation Rate, Cash Holding, and Company Value (PBB)