PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN, KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL TERHADAP NILAI PERUSAHAAN

Abstract

This study aims to examine the effect of profitability, firm size, managerial ownership, and institutional ownership on firm value. Profitability is measured by Return On Assets (ROA). The population in this study are all companies listed on the Indonesia Stock Exchange (BEI). Samples taken are LQ-45 companies listed on the Indonesia Stock Exchange (IDX) during 2014-2018. This type of research is quantitative research. The number of research samples 209 company data obtained through purposive sampling method, which is based on certain criteria and the method of analysis of this study uses multiple linear regression analysis techniques using the Statistical Product and Service Solution (SPSS) program version 20. The results of this study indicate that profitability and institutional ownership have a positive effect on firm value. Meanwhile, company size and managerial ownership have no effect on firm value. The coefficient of determination shows that the effect of the independent variable on the dependent variable is 54,9% and the rest is influenced by other factors.
Keywords: profitability, firm size, managerial ownership, institutional ownership, firm value