PENGARUH STRUKTUR MODAL, PROFITABILITAS, DAN PERTUMBUHAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR TRANSPORTASI YANG TERCACAT DI BURSA EFEK INDONESIA PERIODE 2012-2014

Abstract

The Firms Value is investors perception towards the companys success level which is often related to
the price of the stock. The high price of stock makes the value of the company high. The high Firms
Value will make the market believe in not only the present condition of the company but also the
prospect of the company. The purpose of this study was to examine the effect of Capital Structure,
Profitability, and Company Growth simultaneosly / together and partially on the Firms Value. Period
of 2 years of research carried out during the year 2013-2014. This type of research is quantitative, the
methode used purposive sampling. The analytical methode used is inferential statistics. The analytical
method using analytical tools that multiple linear regression analysis.The result is, The coefficient of
multiple determination adjusted for adjusted R square = 0,670 means that 67 %. Firms Value is
influenced by factors DAR, DER, ROE,ROA, Asset Growth and 33% is explained by other variabel.
Result F test shows that simultaneosly DAR, DER, ROE, ROA and Asset Growth has significant effect
on Firms Value. While t test show that partially DER, ROE and Asset Growth has significant positive
effect on the Firms Value, variable DAR has negative effect on the Firms Value, and ROA has no
significant effect on Firms Value.