PENGARUH PROFITABILITAS, SALES GROWTH, LEVERAGE, DAN MAJORITY SHAREHOLDERS TERHADAP NILAI PERUSAHAAN

This study aims to determine the effect of profitability, sales growth, leverage, and majority shareholder ownership on firm value in manufacturing companies listed on the Indonesia Stock Exchange 2021-2023. This study used a quantitative approach with secondary data in the audited financial reports. The sample was selected using a purposive sampling method based on certain criteria, resulting in 109 manufacturing companies with a total of 327 observations over three years. Data analysis was performed using multiple linear regression using SPSS version 27 with a significance level of 0.05. The results showed that profitability had a positive effect on firm value, while sales growth, leverage, and majority shareholder ownership had a negative effect on firm value.