The Influence Of Profitability, Liquidity, Growth Opportunity, Capital Structure On Company Value

Nurdin Nurdin

Abstract


This study aims to examine the Effect of Profitability, Liquidity, Growth Opportunity, Capital Structure on the Value of Companies in the mining sub-sector listed on the Indonesia Stock Exchange. The period used in this study is from 2015 to 2019. This research is causal associative with a quantitative approach measured by multiple linear regression-based methods with SPSS. The population of this study is the mining sector companies listed on the Indonesia Stock Exchange (IDX) from 2015 to 2019. The sample was determined using the purposive sampling method. Based on the existing criteria, a sample of 10 companies was obtained so that the total observations in this study were 50 observations. The data used in this study used secondary data. The data collection technique uses the documentation method through the official website of each company and through the official IDX website: www.idx.co.id. The results of this study indicate that (1) Profitability has a positive effect on Firm Value, (2) Liquidity has an effect on Firm Value, (3) Growth Opportunity has a positive effect on Firm Value, (4) Capital Structure has a positive effect on firm value.


Keywords


Firm Value, Profitability, Liquidity, Growth Opportunity and Capital Structure

Full Text:

PDF

References


Abu Mouamer, F. M. (2011). The determinants of capital structure of Palestinelisted companies. Journal of Risk Finance, 12(3), 226–241.

Agustini, T., & Budiyanto. (2015). Pengaruh Struktur Aktiva, Profitabilitas dan Ukuran Perusahaan terhadap Struktur Modal. Jurnal Ilmu Dan Riset Akuntansi, 4(8), 1–18.

Ariani, N. K. A., & Wiagustini, N. L. P. (2017). Faktor-Faktor yang Mempengaruhi Struktur Modal Perusaan Property & Real Estate yang Terdaftar di BEI. E-Jurnal Manajemen Universitas Udayana, 6(6), 3168– 3195.

Brealey, R. ., Myers, S. ., & Allen, F. (2003). Principles of Corporate Finance. In Corporate Financial Strategy. Brigham, E. F., & Houston., J. F. (2006). Fundamentals of Financial management. Jakarta: Salemba Empat.

Brigham, E. F., & Houston, J. F. (2011). Dasar-Dasar Manajemen Keuangan (2nd ed.). Jakarta: Salemba Empat.

Brigham, E. F., & Joel F. Houston. (2013). Dasar-Dasar Manajemen Keuangan (11th ed.). Jakarta: Salemba Empat.

Chandra, T. (2012). Faktor-Faktor Yang Memengaruhi Struktur Modal Pada Perusahaan Properti Dan Real Estate Di Indonesia. Jurnal Ekonomi Dan Keuangan.

Chen, C. K. (2004). Research on impacts of team leadership on team effectiveness. The Journal of American Academy of Business.Cambridge, 266–278.

Dewi, D. A. K. (2014). Analisis Faktor-Faktor yang mempengaruhi Struktur Modal (Studi Kasus Pada Perusahaan Pertambangan yang Terdaftar di BEI Periode 2009-2012).




DOI: https://doi.org/10.26618/jeb.v18i2.7878

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Jurnal Ekonomi Balance

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Creative Commons License
Balance : Journal of Economics

Is Licenced Under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License

View My Stats

Flag Counter