PENGARUH SIZE DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN YANG DIMEDIASI OLEH LEVERAGE

Abstract

Firm value is the perception of investors to the company which is commonly related to the stock price. High stock price will make the firm value high. The purpose of this research is to examine the influence of size and capital structure to the firm value which is mediated by leverage. The population is all companies which are listed in Indonesia Stock Exchange (IDX). The samples are food & beverages Companies which are listed in Indonesia Stock Exchange during 2010-2013 periods. The total numbers of samples are 10 companies which have been determined by using purposive sampling. The purposive sampling is the method of sample collection which is based on specific criteria. The path analysis technique is used as the analysis method. The result of the research shows that size, capital structure and leverage have significant direct influence to the firm value; the size which is mediated by leverage has significant influence to the firm value; and the capital structure which is mediated by leverage which has significant influence to the firm value.
Keywords: size, capital structure, leverage and company’s size