Open AccessPENINGKATAN NILAI PERUSAHAAN BERBASIS PROFITABILITAS DAN STRUKTUR MODAL
Author(s) -
Aprih Santoso,
Witjaksono E.H,
Emaya Kurniawati
Publication year - 2019
Publication title -
adbis /adbis
Language(s) - English
Resource type - Journals
eISSN - 2715-0216
pISSN - 1978-726X
DOI - 10.33795/j-adbis.v13i1.59
Subject(s) - profitability index , path analysis (statistics) , business administration , business , capital structure , prosperity , listed company , value (mathematics) , enterprise value , regression analysis , accounting , finance , economics , mathematics , statistics , economic growth , debt
The main purpose of companies that have gone public is to increase the prosperity of the owner or shareholders through increasing company value. This study aims to analyze the effect of profitability and capital structure on company value with managerial ownership as a moderating variable in LQ 45 companies.
The research method used is quantitative with multiple regression data analysis techniques (path analysis).
The results of this study are: (1) Profitability (ROA) is proven to have a significant positive effect on company value (PBV). (2) Profitability (ROA) is proven to have a significant positive effect on the company value (PBV). (3) Capital structure (DER) significantly influences company value (PBV) significantly.