Enrichment : Journal of Management
Vol. 11 No. 2 (2021): May: Management Science

The Influence Of Profitability And Capital Structure On Company Value In Coal Sub-Sector Mining Companies Registered In Idx For The 2014-2017

Muhammad Yasin (Universitas 17 Agustus 1945 Surabaya)
Pramita Studiviany S (Universitas 17 Agustus 1945 Surabaya)



Article Info

Publish Date
31 May 2021

Abstract

This study aims to determine the effect of profitability, liquidity, and capital structure on firm value in coal mining companies listed on the Indonesian stock exchange for the 2014-2017 period. The total population in this study amounted to 21 coal mining companies and after selecting samples using purposive sampling technique, it was obtained 8 companies that will be used as samples in this study . The results showed that capital structure had a negative effect on firm value, profitability had a positive effect on firm value. Meanwhile, the simultaneous results of profitability and capital structure have a significant effect on firm value. The magnitude of the ability of independent variables (profitability, and capital structure) in explaining the variable dependent (the value of the company) is at 85.7% while the remaining 14.3% is determined by other variables not examined in the study of this.

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Journal Info

Abbrev

enrichment

Publisher

Subject

Economics, Econometrics & Finance

Description

The Enrichment : Journal of Management offers wide ranging and widespread analysis of all surfaces of management and science. Published two times per year, it delivers a emphasis for universal proficiency in the vital methods, techniques and areas of research; presents a opportunity for its readers ...