STRUKTUR MODAL, PROFITABILITAS, UKURAN DAN NILAI PERUSAHAAN FOOD AND BEVERAGE DI BEI

Abstract

This research aimed to find out the effect of capital structure, profitability, size and firm value of Food and Beverages companies which on Indonesia Stock Exchange (IDX). The population was 26 Food and Beverages companies which were listed on IDX during observation 2014-2018. While, the data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there 10 companies as sample. Moreover, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 23. There were two variables, i.e. dependent variable which was firm value (PBV) and independent variable which was firm value (SIZE). Furthermore, the rescarch result concluded capital structure (DER) had negative and significant effect on firm value. It meant, the increase of debt in capital structure would lower its firm value. On the other hand, profitability (PBV) had positive and significant effect on firm value. This meant, the higher the company's profit, the higher the firm value was. Likewise, firm size (SIZE) had positive and significant effect on firm value. In other words, the bigger the firm size, the higher the firm value was.
Keywords: capital structure, profitability, firm size, firm value