Achmad Yanu Alifianto
Universitas 17 Agustus 1945 Surabaya, Indonesia

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Pengaruh Struktur Modal terhadap Nilai Perusahaan pada Sektor Properti dan Real Estate yang Terdaftar di BEI (2020–2024) Adistie Prestiani Putri; Siti Mujanah; Achmad Yanu Alifianto
OPTIMAL Jurnal Ekonomi dan Manajemen Vol. 5 No. 2 (2025): Jurnal Ekonomi dan Manajemen
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/optimal.v5i2.5835

Abstract

The purpose of this study is to analyze the effect of capital structure on company value in the property/real estate sector listed on the IDX (2020-2024). In this study, capital structure is measured using Return on Assets (ROA), Return on Equity (ROE) and Debt to Equity Ratio (DER) while company value uses Price to Book Value (PBV). The research methodology used is quantitative using multiple regression analysis techniques. Secondary data was obtained from the company's annual financial reports published on the IDX. The sample used in this study was 21 companies selected based on certain criteria using the Purposive sampling method. Based on the test results, it shows that ROA does not have a significant effect on Company Value, ROE does not have a significant effect on Company Value, DER does not have a significant effect on Company Value. Simultaneously ROA, ROE, and DER do not have a significant effect on Company Value. The coefficient of determination (R2) in this study is 0.000, which means that the ability of the independent variable to explain the variation of the dependent variable is 0% while the rest is explained by other independent variables outside the model.