PENGARUH STRUKTUR MODAL, ROA, ROE, TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN TELEKOMUNIKASI

Abstract

The company value is very important to the company, because it will be followed by
shareholder prosperity. The stock value of the ownership can be an appropriate index to
measure the efectiveness of a company. This research aims to determine the influence
of capital structure, the probability that proxied with debt to equity ratio (DER), return on
asset (ROA) and return on equity (ROE) to the company value (PBV) at
Telecommunication Company which is listed in Indonesia Stock Exchange at 2010-2015
period. The population in this research is a company which is listed in the Indonesia Stock
Exchange incorporated in the Telecommunications Company as many as 6 companies.
The sampling that been used in this research is purposive sampling method and based on
predetermined criteria then obtained sample of 5 companies Telecommunications which
is listed in Indonesia Stock Exchange. The analysis method that used is multiple
regression analysis with using SPSS application tools (statistical product and service
solutions) version 24. The results of this research indicates that the variable of capital
structure and return on asset has signifcant influence on the company value, while the
variable of return on equity has no signifcant influence to the company value in the
Telecommunications company which is listed in the Indonesia Stock Exchange.
Keywords: capital structure, roa, roe, company value.