PENGARUH UKURAN PERUSAHAAN, STRUKTUR MODAL, LEVERAGE,DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

  • Najmatus Zahiroh
  • Prijati Prijati
Keywords: firm size, capital structure, leverage, profitability, corporate value

Abstract

This research aims to examine and analyze the influence of firm size on firm value, capital structure to firm
value, leverage to firm value, and profitability to firm value. Company value is proxied by PBV (Price Book
Value). The population in this research is Automotive and Components manufacturing company which listed in
Indonesia Stock Exchange (BEI) for 2012-2016 period. The sample selection was done by purposive sampling
technique by using certain criterion, then got sample of 9 companies. Data analysis method used is multiple
linear regression analysis using tool of SPSS (Statistical Product and Service Solutions). Based on the result of
classical assumption test through normality test, heteroscedasticity test, multicolinearity test, and autoceration
test stated that all variables used in this research does not violate the specified requirements. While the feasibility
test model through F test and test coefficient of determination (R2) states the regression model used in this
research is proper to use. The results showed that firm size (Size) has positive and insignificant influence on firm
value, capital structure (DER) have positive and significant influence, leverage (DAR) have negative and
significant influence, and profitability (ROE) have positive and significant influence to firm value.
Keywords: firm size, capital structure, leverage, profitability, corporate value

Published
2020-01-13