Indonesian Journal of Business, Accounting and Management
Vol 2 No 01 (2019): [IJBAM] Indonesian Journal of Business, Accounting and Management Vol. 02 No. 01

The Effect of Capital Structure, Profitability, and Size to Firm Value of Property and Real Estate at Indonesia Stock Exchange In the Period of 2012-2018

Santi Oktaviani Halfiyyah (Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta)
Iman S. Suriawinata (Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta)



Article Info

Publish Date
10 Jun 2019

Abstract

The purpose of this research is to determine whether the Capital Structure, Profitability Ratio, and Size both individually the firm value of the property and real estate in the Indonesia Stock Exchange (BEI) period 2012-2018.Capital Structure is represented by using Longterm Debt to Equity Ratio (LDER), Profitability is represented by using Return On Equity (ROE), Size is represented by using logaritma natural (Ln). By using purposive sampling technique, the population of 53 companies and the sample of 30 companies with the period of research are 7 years the total ampunt of succesfully observed samples has been reduced to 210 samples of data. This causal-comparative research uses panel data with secondary data that collected by using documenting and archiving techniques from Indonesian Capital Market Electronic Library. Multiple regression estimation method from panel data used in this research is Fixed Effect Model final.This research shows that Capital Structure effect negative to firm value, Profitability effect positif to firm value, Size effect negative to firm value individually affect the property and real estate sector in the period of 2012-2018.

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Journal Info

Abbrev

ijbam

Publisher

Subject

Economics, Econometrics & Finance

Description

Indonesian Journal of Business, Accounting, and Management (IJBAM) are devoted to publishing research papers for students, academics, researchers, and professors to share advances in accounting, business, and management theory and practice. IJBAM aimed to tie researchers to share high-quality ...