Pengaruh Profitabilitas, Ukuran Perusahaan, Dan Kepemilikan Institusional Terhadap Nilai Perusahaan

Abstract

The purpose of this study is to examine the effect of profitability, firm size, and institutional ownership, on firm value of manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. This study uses secondary data in the form of financial statements which ends on 31 December ended period which was tested using Eviews Software version 11.0 SV and Microsoft Excel. This study uses 74 manufacturing companies that have been selected through a purposive sampling method with a total of 222 data for three years. The results of the research showed that profitability, firm size, and institutional ownerhip have no positive effects towards the firm value. The implication of this study is the profitability and firm size that increase doesn’t guarantee the growth or increasing the firm value.