Pengaruh Pertumbuhan Perusahaan, Struktur Modal, Profitabilitas, dan Kepemilikan Manajerial terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bei Periode 2017-2020)

Abstract

This study aims to prove the effect of company growth, capital structure, profitability, and managerial ownership on firm value. In this study, company value is measured using the Price Book Value indicator. This research is motivated by the inconsistency of the results of previous research on each independent variable on the dependent variable. This study uses secondary data, namely manufacturing companies listed on the Indonesia Stock Exchange. The sample used was 70 manufacturing companies listed on the Indonesia Stock Exchange for the period 2017-2020 using a purposive sampling method. The analytical method used is Multiple Linear Regression Analysis using SPSS software. The results of this study indicate that partially the variables Capital Structure and Profitability have a positive and significant effect on Firm Value, while Company Growth and Managerial Ownership have no effect on Firm Value at a significance level of 5%. Simultaneously Company Growth, Capital Structure, Profitability, and Managerial Ownership have a significant influence on Firm Value.