Pengaruh Profitabilitas, Struktur Modal, dan Pertumbuhan Perusahaan Terhadap Nilai Perusahaan

Abstract

This study was designed quantitatively causality by collecting secondary data from the Indonesia Stock Exchange with a sample of 25 companies using purposive sampling method with predetermined criteria. The data was processed using the SPSS data processing application by using the hypothesis test method including the F test, T test and the coefficient of determination (R2) test. Profitability is proxied using ROA, Capital Structure is proxied by DER, Company growth is proxied using SG and Firm Value is proxied using PBV. From the results of hypothesis testing, it is obtained that profitability, capital structure and company growth simultaneously have a positive effect on firm value. Meanwhile, profitability and capital structure partially have a positive effect on firm value, and firm growth partially has no effect on firm value. The author hopes that this research can contribute to the diversity of information regarding the factors that affect the value of the company and also the managerial implications to be able to optimize the value of the company, especially in the consumer goods industrial sector.