PENGARUH LEVERAGE, PROFITABILITAS, SIZE, DAN GROWTH OPPORTUNITY TERHADAP NILAI PERUSAHAAN

Abstract

ABSTRACT
The purpose of this research is to examine the influence of leverage, profitability, size, and growth
opportunity to the firm value. The population is all manufacturing companies which are listed in Indonesia
Stock Exchange in 2011-2015 periods. The sample collection technique has been carried out by using purposive
sampling. Purposive sampling is a sample collection method through some certain criteria which has been
determined by the researcher. Based on the determined sample criteria, 53 companies have been selected as
samples. This research has been done by using 5-year time spans. Therefore the total number of this research
samples are 265 companies. This research has been carried out by using secondary data in the form of annual
financial statement which have been obtained from Indonesia Stock Exchange. The data analysis technique has
been conducted by using multiple linear regressions analysis with its significance level is 5%. The result of
Goodness of fit test of models shows that simultaneously leverage, profitability, size, and growth opportunity
have an influence to the firm value. the result of partial test shows that leverage variable has negative influence
to the firm value whereas profitability, size, and growth opportunity have positive influence to the firm value.

Keywords : Leverage, profitability, size, growth opportunity, firm value