PENGARUH STRUKTUR MODAL, PROFITABILITAS, UKURAN PERUSAHAAN DAN INVESTMENT OPPORTUNITY SET (IOS) TERHADAP NILAI PERUSAHAAN

Abstract

This research aims to examine the influence of capital structure, profitability, company size, and investment opportunity set against company value. This type of research is classified as a comparative causal (causal-comparative research) study. The population of this research is an insurance company which is listed in the Indonesia Stock Exchange (IDX) period of 2013 - 2016. The sample in the research with the criteria determined, so that get 12 companies (48 firm year) that meet the criteria. Data obtained through Investment Gallery Indonesia Stock Exchange (STIESIA) Surabaya. The data analysis technique using classical assumption test, multiple regression and hypothesis test. The result of the hypothesis test proves that; 1) Capital structure has a positive and significant impact on company value; 2) Profitability has an influnce on positively and significantly to company value; 3) company size has negative and significant influence to the company value; 4) investment opportunity set has a positive and significant influence on company value.
Keywords: Capital structure, profitability, company size, investment opportunity set, and company value.