PENGARUH RISIKO BISNIS RISIKO KEUANGAN DAN RISIKO OPERASIONAL TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN LQ45 YANG TERDAFTAR DI BURSA EFEK INDONESIA

This study aims to determine the effect of business risk, financial risk and operational risk on firm value. The population used in this study are LQ45 stock index companies listed on Indonesia Stock Exchange (BEI) during 2015-2019. Sample determination was done by purposive sampling method. Methods of data analysis using multiple linear regression analysis. The results showed that business risk and financial risk represented by DER positively affect the firm value, while financial risk represented by DAR has a negative significant on firm value and operational risk positively affects firm values but not significant