PENGARUH PROFITABILITAS, STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN SEKTOR PERTANIAN YANG TERDAFTAR DI BEI

Abstract

Firm value represents company’s asset. In other words, the higher the firm value, the better its image. This research aimed to examine and find out the effect of profitability, capital structure, and firm size on the firm value. While, profitability was reffered to Return On Asset (ROA), capital structure was referred to Debt to Equity Ratio (DER), firm size was referred to SIZE, and firm value was referred to Price Book Value (PBV). The research was quantitative with causal-comparative as its approach. Moreover, the population was farming companies which were listed on Indonesia Stock Exchange (IDX) 2014-2018. Moreover, the data collection technique used purposive sampling in which the sample was based on criteria given. In line with, there were 7 companies with the total sample of 35. In addition, the data analysis technique used multiple linear regression with SPSS 23. The research result concuded profitability had positive had positive and significant effect on the firm value. On the other land, capital structure as well as firm size had positive but insignificant effect on the firm value.
Keywords : firm value, profitability, capital structure, firm size