ANALISIS PENGARUH STRUKTUR MODAL, ROE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERKEBUNAN TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014-2018

Abstract

This is an undergraduate thesis that has been conducted and compiled by Chrestella Delicia Vany, student identification 540160013, STIE-IBEK Accounting Departement.  The title of thesis in Bahasa Indonesia; "ANALISIS PENGARUH STRUKTUR MODAL, ROE DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERKEBUNAN TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014-2018”.  The research conducted from October 2019 to February 2020, it consists of 148 pages without attachments.  The population in this study is the plantation subsector companies which is listed on the Indonesia Stock Exchange in finance fiscal year of 2014-2018.  The sampling method in this research is non-probability in the form of purposive sampling by taking samples from the population based on a certain criterion.

 The results showed that the Capital Structure, ROE and Firm Size simultaneously had a positive and significant effect on Firm Value of plantation companies listed on the Indonesia Stock Exchange in 2014-2018.  This is because the results of the simultaneous test (test-F) which shows that the (6,154 > 4,76) at significance level smaller than α = 5%.  Partially, the Capital Structure has no effect and is not significant on Firm Value (0,282 < 1,72074).  Meanwhile, ROE partially has a positive and significant effect on Firm Value (3,754 > 1,72074) and Firm Size partially has no effect and is not significant on Firm Value (-0,726 < 1,72074).  The coefficient determination shows by Adjusted R² is 0,392 or the other word, Firm Value can be predicted by 39% Capital Structure, ROE and Firm Size, while 61% is influenced by other factors outside the research model.