PENGARUH PROFITABILITAS, UKURAN PERUSAHAAN DAN KEPUTUSAN INVESTASI TERHADAP NILAI PERUSAHAAN

Abstract

This research was aimed to find out the effect of profitability which measured by Return On Asset (ROA), firm
size measured by size while investment decision measured by Capital Expenditure to Book Value Assets
(CAP/BVA) on the firm value which measured by Price Book Value (PBV). This research was correlational
research with a quantitative approach. Meanwhile, the data collection technique used secondary data form the
database of the Investment Galery Indonesia Stock Exchange (GIBEI). The sample collection method used a
purposive sampling method. Besides, the amount the research samples were 72 observations on the 18 companies
for 4 years. The analysis method of this research used multiple linear regressions analysis with the instrument of
SPSS application (Statistical Product and Services Solutions) 23.0 version. The result of this research showed
that profitability had a positive effect on the firm value, the firm value did not have any effect on the firm value
and the investment decision had a positive effect on the firm value.

Keywords : profitability, firm size, investment decision, firm value