Pengaruh Struktur Modal, Struktur Kepemilikan Dan Profitabilitas Terhadap Nilai Perusahaan Pada Perusahaan Sektor Industri Dasar Dan Kimia Yang Terdaftar Di Bei Tahun 2011-2014

Mirry Yuniyanti Pasaribu • Topowijono Topowijono • Sri Sulasmiyati
Journal article Jurnal Administrasi Bisnis S1 Universitas Brawijaya • June 2016 Indonesia

Download full text
(Bahasa Indonesia, 11 pages)

Abstract

The purpose of this research to know influence of capital structure, ownership structure and profitability to value of company. Capital structure (DER) has an effect value of company (PBV). Known that up to a certain value then the positive affect toward DER corporate values, when value exceeds,DER negatively to affect value of company. Ownership structures have positive effect toward value of company. Profitability (ROE) describes the fundamental performance of the company in terms of efficiency and effectiveness in gaining profit. Using secondary data in form of financial statements, base and chemical industry sector listed on Indonesia stock exchange in 2011-2014. Using purposive sampling. Using multiple linear analysis techniques. F-test (simultaneous) result known DER, intitutional ownership, managerial ownership and ROE effected significantly to value of company. T-test results (partial) that DER effects negative and significant to value of company, while institutional ownership, managerial ownership and ROE effected positive and significantly to value of company. Advised to next researchers not only research base industrial and chemicals sector, but rather like service sector, mining sector and use other financial ratios such as Tobins ' Q, EPS to evaluate value of company and number years of observation can be added more than four years.

Metrics

  • 175 views
  • 2073 downloads

Journal

Jurnal Administrasi Bisnis S1 Universitas Brawijaya

Jurnal Administrasi Bisnis S1 Universitas Brawijaya merupakan jurnal ilmiah yang memuat artikel b... see more