Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Akuntansi dan Manajemen

Pengaruh struktur modal dan profitabilitas terhadap nilai perusahaan pada perusahaan semen yang terdaftar di Bursa Efek Indonesia Tarsono, Ono; Setianingsih, Ika
Jurnal Manajemen Vol 21 No 1 (2024)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia (STEI) Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/jam.v21i1.1293

Abstract

This research aims to determine the effect of capital structure and profitability on company value in cement companies listed on the Indonesia Stock Exchange (BEI) in 2016-2021. The population of this research is cement companies listed on the IDX. Sample selection was carried out using saturated sampling techniques. In this research, there were 6 (six) cement companies which were all used as samples. This research uses a quantitative approach using secondary data. The data analysis technique uses multiple regression analysis using SPSS v25 software. Based on the research conducted, it can be concluded that Capital Strutkur, which is proxied by the Long Term Debt to Equity Ratio (LTDER), has no effect on Price to Book Value (PBV). Profitability as proxied by Return on Assets (ROA) has a positive and significant effect on Price to Book Value (PBV) and Return on Investment (ROI) has a negative and significant effect on Price to Book Value (PBV).