PENGARUH LEVERAGE, STRUKTUR MODAL, DAN PERTUMBUHAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN PADA F&B

Abstract

This research aimed to find out the effect result of leverage, capital structure, and company on the frim value.
While, leverage ratio was measured by debt ratio, capital structure was measured by debt to equity ratio ty and
company growth was measured by growth moreover, the firm value was measured by prive to book value. While,
the population was food and baverages companies which were listed on Indonesia stock Exchange 2013-2017.The
data collection technique used purposive sampling. In line with, there were 11 samples from 18 food and
baverages companies which were listed on Indonesia Stock Exchange. Moreover, the data analysis technique
used multiple linear regression with SPSS 25.The research result concluded leverage had negative and
significant effect on the firm value. On the other hand, capital structure had positive and significant effect on the
firm value. Furthermore, company growth had negative and insignificant effect on the firm value. Meanwhile,
the determination coefficient test result was 68.4%. on the odert hand, the rest of 31,6% was described by other
variables which were not included in this research.
Keywords: leverage, capital structure, company growth, firm value