Jurnal Kajian Ilmu Manajamen
Vol 4, No 1 (2024): Maret

Struktur Modal Dan Profitabilitas Pada Nilai Perusahaan Bidang Jasa Sektor Perbankan

Makhmudi, Mario Aditya (Unknown)
Zulkifli, Makhmud (Unknown)



Article Info

Publish Date
12 Aug 2024

Abstract

This research aims to investigate the influence of capital structure on firm value in banking companies listed on the Indonesia Stock Exchange (IDX) during the period 2018-2021. Additionally, it seeks to examine the impact of profitability on firm value in these banking companies for the period 2018-2021. The research utilizes an explanatory research design, and data is sourced from the IDX website covering the years 2018-2021. Data analysis involves ratio analysis and multiple linear regression analysis using SPSS 25. The findings reveal that capital structure, measured by debt to asset ratio and debt to equity ratio, shows a positive and significant influence on firm value (PBV), with the latter being the more impactful. Profitability, measured by return on assets and return on equity, indicates that only return on equity has a positive and significant effect on firm value (PBV). The simultaneous results demonstrate that both capital structure and profitability have a positive and significant impact on firm value (PBV).

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Journal Info

Abbrev

jkim

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Kajian Ilmu Manajemen (JKIM) is one of the scientifics publications journal published by Management Department of Economics and Business Faculty of Trunojoyo Madura University, with Registered number P-ISSN: 2775-3093 dan E-ISSN: 2797-0167 The objective of JKIM is to establish an effective ...