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

Abstract

This research aimed to examine empirically and analyze the effect of capital structure, profitability, and firm size on the firm value of Property and Real Estate companies listed on the Indonesia Stock Exchange (IDX) during 2020-2022. The capital structure was measured by Debt-to-Equity Ratio (DER), profitability was measured by Return on Asset (ROA), and firm size was measured by Size. The research was quantitative. Moreover, the data collection technique used purposive sampling. The data were secondary and taken from IDX. In line with that, there were 29 companies during 2020-2022 as the sample. In total, 87 data fulfilled the criteria given. The result concluded that profitability had a positive and significant effect on the firm value of Property and Real Estate companies listed on IDX. However, both capital structure and firm size had a negative and significant effect on the firm value of Property and Real Estate companies listed on IDX.