PENGARUH PROFITABILITAS, GROWTH OPPORTUNITY, DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examined to examine the empirical evidance of factora which affected on the firm value at manufacturing companies which were listed on Indonesia Stock Exchange 2015-2017. Thos factors wer Profability, Growth Opportunity and Capital Structure. The sample was mnufacturing companies which were listed on Indonesia Stock Exchange 2015-2017. While, the research was quantitative. Moreover, the sample collection technique used purposived sampling in which there were 66 out of 198 manufacturing companies as sample. In addition, the data analysis technique used multiple linear regression with SPSS version 20. The research result concluded Profitability had positive effect on the firm value which was measured by ROE. Moreover, Growth Opportunity dah positive effect on the firm value which was measured by GROWTH. Likewise, the capital structure had positive effect on the firm value which was measured by DER. In addition, the coefficient determination showed R square value was 0.452 or 45%. It meant, the capability of probability, growth opportunity, and capital structure described the disclosure of firm value.
Keywords: profitability, growth opportunity, capital structure, firm value