PENGARUH LIKUIDITAS, STRUKTUR MODAL, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of liquidity, capital structure, and firm size on the firm value at Property and Real Estate companies which were listed on Indonesia Stock Exchange. Liquidity was measured by Current Ratio, capital structure was measured by Debt to Equity Ratio, and firm size was measured by logaritm from total asset. The research was quantitative. While, the data collection technique used purposive sampling, in which the sampling collection was based on the criteria given. Moreover, there were twelve Property and Real Estate companies as sample which were listed on Indonesia Stock Exchange 2013-2017. In addition, the data analysis technique used multiple linear regression with SPSS version 24. The research result concluded the liquidity and capital structure had insignificant, but positive effect on the firm value. It meant, the liquidity and capital structure did not effect how good or bad the Property and Real Estate companies was. On the other hand, the firm size had significant and positive effect on the firm value. It meant, the bigger or smaller firm was, the better or worse the Property and Real Estate companies was.
Keywords: Liquidity, Capital Structure, Firm Size, Firm Value