HUMAN FALAH: Jurnal Ekonomi dan Bisnis Islam
HUMAN FALAH: Jurnal Ekonomi Dan Bisnis Islam │ Vol. 13 │ No. 1 │ 2026

PENGARUH STRUKTUR MODAL DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERKEBUNAN KELAPA SAWIT YANG TERDAFTAR DI BEI TAHUN 2020 – 2024

Chitra Arianda Putri (Universitas Muhammadiyah Sumatera Utara)
Asmaul Husna (Universitas Muhammadiyah Sumatera Utara)



Article Info

Publish Date
17 Jun 2026

Abstract

This study aims to determine the effect of Capital Structure and Profitability on Firm Value in palm oil plantation companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. Capital Structure is measured using the Debt to Equity Ratio (DER), Profitability is measured using Return on Assets (ROA), and Firm Value is measured using Price to Book Value (PBV). The research method used is quantitative with an explanatory approach. The population of this study consisted of 28 companies. The research sample consisted of 9 companies selected using a purposive sampling technique from palm oil plantation companies that met certain criteria. The data used were secondary data in the form of company financial statements obtained directly from the Indonesia Stock Exchange website. The testing in this study was conducted using SPSS version 26. The results of the study indicate that Capital Structure and Profitability partially and simultaneously have a significant effect on Firm Value.

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Journal Info

Abbrev

humanfalah

Publisher

Subject

Economics, Econometrics & Finance

Description

HUMAN FALAH: Jurnal Ekonomi dan Bisnis Islam, a journal, provides a forum for publishing the original research articles, review articles from contributors, and the novel technology news related to Business, Economics, and Management. Research articles dealing with Islamic economics, Islamic ...