PENGARUH PROFITABILITAS, STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of profitability, capital structure and firm size on the firm value of Property adn Real Estate companies which were listed on Indonesia Stock Exchange 2015-2018. While, profitability was measured by Return On Equity (ROE), capital structure was measured by Debt to Equity Ratio (DER) and firm size was measure by Firm Size. Meanwhile, the firm value was measured by Price to Book Value (PBV). This research was quantitative. Moreover, the population was some of Property and Real Estate companies. Furthermore, the data collection technique used saturated sampling, in which all all population were used as sample. In line with, there were 12 companies as sample. In addition, the data analysis technique used multiple linear regression. The research result, from descriptive statistical, concluded profitability, capital structure, firm size and firm value had fair average. Additionally, the classical assumption test concluded all variables had met the assumptions and there was no violation. Besides, from proper model test, it concluded the regression model was properly used. Likewise, from hypothesis test, it concluded profitability had significant effect on the firm value. On the other hand, capital structure as well as firm size had insignificant effect on the firm value
Keywords: profitability, capital structure, firm size, firm value