PENGARUH STRUKTUR MODAL, UKURAN PERUSAHAAN, DAN TINGKAT SUKU BUNGA TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PROPERTY DAN REAL ESTATE DI BURSA EFEK INDONESIA (BEI)

Dewi  Wulandari; Imam  Hidayat

Dewi Wulandari
Imam Hidayat

Keywords: debt to equity ratio, firm size, interest rate, firm value

Abstract

This research aimed to test the effect of Debt to Equity Ratio, Firm Size and Interest Rates on the firm value through annual financial statements that have been prepared by Property and Real estate Companies. This research used purposive sampling method determining samples with predetermined criteria. The population were property and real estate companies with a total asset of Rp 4 trillion or more that listed on the Indonesia Stock Exchange (IDX) during 2014-2018 including 10 companies. This research method used multiple linear regression analysis using SPSS 23 application. The test results showed that Firm Size had a significant negative effect on firm value, and The Interest Rate had a significant positive effect on firm value. While Debt to Equity Ratio had no significant negative effect on the value of property companies and real estate in 2014-2018.
Keywords: debt to equity ratio, firm size, interest rate, and firm value.