PENGARUH STRUKTUR MODAL, PROFITABILITAS DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine and analyze the effect of capital structure, profitability and frim size on the frim value which referred to debt to equity ratio, retrun on equity, size and price book value. While , the sample was textile and garment companies which were listed on Indonesia Stock Exchange 2013-2017. Moreover, the sampling collection technique used purposive sampling. In line with, there were 6 out of 18 companies as sample. In addition, the dat used financial statements. For the data analysis technique, it used multiple linear regression.Based on the results of classical assumptions test, with normality test, multicollinearity test, autocorrelation test and heteroscedasticity test; it concluded all variables used in this research did not violate the conditions that hada been determined. While the results of proper model test with F-test and coefficient of determination test (R2) showed the regression model was properly used. The research result, from hypothesis testing, concluded the capital structure had negative and significant effect on the frim value. On the other hand, the frim profitability and size had positive and significant effect on the firm value.

Keywords: capital, profitability, firm size, firm value