This study aims to determine the effect of Capital Structure, Ownership Structure, Company Characteristics on Company Value with Company Financial Performance as an Intervening Variable. This study is a Quantitative Descriptive study using a statistical data analysis method based on Smart PLS4, using a Purposive Sampling Sample Selection Technique where researchers chose to focus research on Pharmaceutical Sub-Sector Companies listed on the Indonesia Stock Exchange in 2020 - 2022. Producing 5 hypotheses and one of them shows a positive and significant effect, namely the effect of Capital Structure on Ownership Structure.
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