Jurnal Manajerial Dan Kewirausahaan
Vol. 8 No. 2 (2026): Jurnal Manajerial dan Kewirausahaan

Pengaruh Struktur Modal, Green Finance, dan Profitabilitas terhadap Nilai Perusahaan Manufaktur

Tommy Mahaputra Samsapmukti (Universitas Tarumanagara)
Agus Zainul Arifin (Universitas Tarumanagara)



Article Info

Publish Date
30 Apr 2026

Abstract

Nilai perusahaan merupakan salah satu indikator yang menggambarkan keberhasilan, keberlanjutan, daya saing, dan kinerja perusahaan. Penelitian dilakukan untuk membuktikan pengaruh struktur modal, green finance, dan profitabilitas terhadap nilai perusahaan. Sampel diperoleh dari BEI pada sub sektor consumer non-cyclical berjumlah 30 perusahaan dengan periode observasi 2021-2024. Penelitian menggunakan pendekatan kuantitatif dengan analisis regresi data panel menggunakan aplikasi EViews 12. Hasil penelitian menemukan bahwa struktur modal berpengaruh positif terhadap nilai perusahaan, green finance tidak berpengaruh terhadap nilai perusahaan, dan profitabilitas tidak berpengaruh terhadap nilai perusahaan. Firm value is an indicator that reflects a company’s success, sustainability, competitiveness, and overall performance. This study aims to examine the influence of capital structure, green finance, and profitability on firm value. The sample consists of 30 consumer non-cyclical companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 observation period. The research employs a quantitative approach using panel data regression analysis with EViews 12. The results show that capital structure has a positive effect on firm value, green finance has no effect on firm value, and profitability also has no effect on firm value.

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Journal Info

Abbrev

JMDK

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Manajerial dan Kewirausahaan e-ISSN 2657-0025 is a collection of articles created by students of Management Study Program, Faculty of Economics and Business, Universitas Tarumanagara, as a requirement to achieve Bachelor of Economics degree. Jurnal Manajerial dan Kewirausahaan is published ...