Analisis Nilai Perusahaan Sub Sektor Perdagangan Ritel yang Terdaftar di Bursa Efek Indonesia

Az Zahra Azizah Lubis, Nunuk Triwahyuningtyas, Marlina Marlina

Abstract


The purpose of this study was to determine the effect of Capital Structure proxied by Debt to Equity Ratio (DER), Profitability proxied by Return on Assets (ROA), Gross Domestic Product proxied by Gross Domestic Product constant prices 2010 series, and Interest Rate by BI-7 (Reverse) Reporate towards Company Value proxied by Price to Book Value (PBV). Population of this study were retail trade sub sector companies listed in Indonesia Stock Exchange (IDX) period 2015-2019. Technique sampling that used was saturation sampling and obtained 28 retail trade sub-sector companies with research period of five years to obtain 126 units of sample. Data analysis in this study was carried out using Microsoft Excel 2016 and hyphotesis testing used panel data regression analysis with E-Views 11.0 application program with a significance level of 5%. The results of this study partially shows that (1) capital structure (DER) has significant positive effect on firm value (PBV), (2) profitability (ROA) has no effect on firm value (PBV), (3) gross domestic product (GDP) has no effect on firm value (PBV), (4) interest rate (BI-7 day RR) has no effect on firm value (PBV).


Keywords


Capital Structure; Profitability; Gross Domestic Product; Interest Rate; Firm Value

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References


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