PENGARUH STRUKTUR MODAL, PERTUMBUHAN PERUSAHAAN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

This research aims to examine the influence of capital structure, corporate growth and profitability proxied by the Debt to Equity Ratio, Growth and Return on Equity to the value of companies in automotive companies which listed on the Indonesia Stock Exchange. The population in this research was obtained by using purposive sampling method on automotive companies which listed on the Indonesia Stock Exchange during the period 2012-2016. Based on the criteria that have been determined, then obtained a sample of 6 automotive companies. The analytical method used is multiple linear regression analysis with SPSS (Statistical Product and Service Solutions) version 25 tool. Data source in this research is obtained through the official website of Indonesia Stock Exchange (www.idx.co.id). The results showed that the capital structure and growth of the company did not significantly influence the value of the company. While profitability showed a positive and significant influence on the value of the company with a regression coefficient of 18.005 and a significance level of 0.000. The result of simultaneous research shows that capital structure, company growth and profitability have significant influence to the company value with significance level equal to 0.000.
Keywords: capital structure, corporate growth, profitability and company value