PENGARUH PROFITABILITAS, STRUKTUR MODAL, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN (STUDI PADA PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2021)

Abstract

This research aimed to find out how the effect of profitability, capital structure, and firm size on the firm value in telecommunication companies listed on the indonesia stock exchange (IDX) 2014-2021. The research was causal-comparative causal with a quantitative approach. Furthermore, the data were secondary, taken from the company’s financial statements. The population was 16 telecommunication companies listed on the indonesia stock exchange 2014-2021. Moreover, the data collection technique used saturated sampling. In line with that, there were 6 companies as the sample. Additionally, the data analysis technique used multiple linear regression with SPSS (statistical program for social science) 26 version. The result of hypothesis test (t) showed that profitability (return on asset) had a positive but insignificant effect on the firm value of telecommunication companies at about 0.582. However, capital structure (debt to equity ratio) had a positive and significant effect on the firm value of telecommunication companies at about 0.036. Likewise, firm size (size) had a positive and significant effect on the firm value of telecommunication at about 0.008.