PENGARUH STRUKTUR MODAL, PROFITABILITAS, UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

The firm value can be used as the indicator of company management success for its performance prospect in the future. As consequence, it will gain stakeholders trust as their wealth have been fulfilled. Therefore, it means the firm value is high. Moreover, the firm value can be influenced by some factors, for instance capital structure, profitability and firm size. This research aimed to find out the effect of capital structure, profitability, and firm size on the firm value. While, the data was secondary, in the form of financial statement and annual report. The population was Food and Beverages companies which listed on Indonesia Stock Exchange 2015-2017. While, the sampling collection technique used purposive sampling. Moreover, there were ten companies and thirty samples. In addition, the data analysis technique used multiple linier regression. The research result concluded the capital structure had positive effect on the firm value, which was measured by DER. Moreover, profitability had positive effect on the firm value, which was measured by ROA. On the other hand, the firm size had insignificant effect on the firm value, which was measured by SIZE.
Keywords: DER, ROA, SIZE, PBV