LIQUIDITY EFFECT ON VALUE OF COMPANIES IN THE DYNAMICS OF MULTI FINANCE Tbk ADIRA

(Case Study in Indonesia Stock Exchange Year 2010 to 2017)

Abstract

This study aimed to determine the effect of liquidity on the value of the company at PT Adira Dinamika Multi Finance Tbk. The method used in this research is descriptive method associative. This study uses secondary data obtained from the financial statements of PT Adira Dinamika Multi Finance Tbk per quarter year 2010-2017 were obtained through the website www.idx.co.id. Statistical analysis technique used is descriptive statistical analysis, analysiscorrelation, The coefficient of determination, a simple linear regression analysis, and hypothesis testing t with the help of computers using IBM SPSS Statistics 20 program.

Based on the results of this study concluded that liquidity significantly influence the value of the company at PT Adira Dinamika Multi Finance Tbk. Hypothesis test results show the value of t> t table (5.415> 2.04227) it was decided that H0 rejected and H1 accepted, which means that the liquidity significantly influence the value of the company at PT Adira Dinamika Multi Finance Tbk. Directions positive effect shows that the better the liquidity of a company, the higher the value of the company. Liquidity 49.4% give effect to changes in value of the company at PT Adira Dinamika Multi Finance Tbk. While the rest that is equal to 50,6% influenced by other variables that are not observed in this study.