PENGARUH PROFITABILITAS, LEVERAGE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERKEBUNAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2015-2019

Abstract

This study aims to find out the impact of the profitability, the leverage, and the firm size toward the firm of the plantation companies in 2015-2018 period which are registered in Indonesia’s Stock Exchange. The profitability is proxied by applying the Return On Assets (ROA), the leverage is proxied by applying the Debt to Equity Ratio (DAR), the firm size applies the SIZE (Ln). The Writing technique of study is the causal comparative. The type of this study is secondary data, that are the financial reports. The study applies the purposive sampling for collecting the samples. The samples of this study are 10 plantation companies which are registered in Indonesia’s Stock Exchange. For analyzing the data, this study applies the multiplie linier regression, the classic assumption test, the model feasibility test and the hypothesis data. The result of this study shows that the profitability gives positive and significant impact to the firm value, the leverage give positive and insignificant impact to the firm value and the firm size gives negative and insignificant impact to the firm value.
Keywords: the profitability, the leverage, the firm size, the firm value