Open AccessLEVERAGE, PROFITABILITAS, DAN KEPEMILIKAN MANAJERIAL BERPENGARUH TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN REAL ESTATE DAN PROPERTY
Author(s) -
Luh Putu Widayanti,
I Putu Yadnya
Publication year - 2020
Publication title -
e-jurnal manajemen
Language(s) - English
Resource type - Journals
ISSN - 2302-8912
DOI - 10.24843/ejmunud.2020.v09.i02.p17
Subject(s) - stock exchange , profitability index , business , leverage (statistics) , enterprise value , real estate , nonprobability sampling , business administration , financial statement , finance , accounting , population , demography , audit , machine learning , sociology , computer science
Company Value is the main goal that must be achieved by the company. Investors will look for companies that have good prospects to get high level of company return. This will certainly affect the prices of a company's stock market, which reflects the value of the company. The purpose of this study was to determine the effect of leverage, profitability, and managerial ownership on firm value. The study was conducted on Real Estate and property companies on the Indonesia Stock Exchange 2014-2018. The samples used were 15 companies, with purposive sampling. Data collected using non-participant observation through financial statement on the Indonesia Stock Exchange. Multiple linear regression was used. In this study it was found that leverage, profitability and managerial ownership had positive effect on firm value. The company is expected to pay attention to the leverage ratio, profitability, and managerial ownership so that the company's value increases.
Keywords: Leverage, Profitability, Managerial Ownership, Company Value