PENGARUH PROFITABILITAS, STRUKTUR MODAL, DAN KEPUTUSAN INVESTASI TERHADAP NILAI PERUSAHAAN PADA PERUSAHAANFOOD AND BEVERAGES

Abstract

The company value is reflected in the company’s stock price. The company value is very important because higher the stock price will be followed by increasing stakeholder profits. The increase in stakeholder profits, the stakeholder’s prosperity becomes high as well as the company value is higher. The company value is influenced by several factors among others are profitability, capital structure, and investment decision to the company value at food and beverages company which is listed in Indonesia stock exchange (IDX) in 2012-2016 periods. The population of this research is used all food and beverages company which is listed in the Indonesia stock exchange (IDX), there are 16 companies in 2012-2016 periods. The sample collection has been done by using purposive sampling method, therefore 6 food and beverages companies has been obtained as the final samples with the observation periods during 2012-2016. The data source of the research is come from Indonesia stock exchange. The analysis technique has been conducted by using multiple linier regressions with the application of SPSS 22 for windows.Based on the analysis result shows that profitabilitygive negative influence to the company value, capital stucture give positive influence to the company value, and investment decision give positive influence to the company value.
Keywords: Profitability, capital structure, investment decision company value.