Pengaruh Faktor Struktur Modal, Keputusan Investasi Dan Kepemilikan Manajerial Terhadap Nilai Perusahaan

Abstract

This research aims to examine the effect of capital structure factors, investment decision, and managerial ownership on firm value of manufacturing company listed on Indonesia Stock Exchange during period 2017 – 2019. Sample was selected using purposive sampling method and the valid data was 44 companies. Data processing techniques using multiple regression analysis assisted by EViews 11 SV program and Microsoft Excel 2016. The result showed that profitability, capital structure, and investment decision has significant positive impact on firm value, firm size has significant negative impact on firm value, and managerial ownership has insignificant negative impact on firm value. The implication of this study is the need to increase capital structure factors and managerial ownership to increase the firm value which attract lots of investors.