Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR

The Effects of Profitability, Growth, and Size on Company Value With Capital Structure as Control Variable

Authors
Robby Dharma, Letnan Dalimunthe, Arbiuddin Syahputra Hakim Harahap, Susriyanti, Sartika Putri Rahayu
Corresponding Author
Robby Dharma
Available Online 29 June 2020.
DOI
https://doi.org/10.2991/aebmr.k.200626.074How to use a DOI?
Keywords
Profitability, Growth, Size, Capital Structure, Company Value
Abstract
This study intended to reveal the effects of profitability, growth, and company size on company value, with capital structure as control variable, among manufacturing companies listed on the Indonesia Stock Exchange (IDX). This study used 165 manufacturing companies listed on IDX from 2013 to 2017 as samples. These samples were determined by using the purposive sampling method, in order to obtain 51 companies and 255 number of sample data. Data analysis technique used was the multiple regression analysis of data panels using Eviews 9. The selection of data panel model used in this study was the Fixed-Effect Model (FEM). The partial results of this study show that the profitability had a positive and significant effect on Company Value. Growth had a negative but not significant effect on Company Value. Company Size had a negative and significant effect on Company Value. Meanwhile, Profitability, Growth, and Size, with Capital Structure as Control Variable, simultaneously had a positive and significant effect on Company Value.
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Proceedings
8th International Conference of Entrepreneurship and Business Management Untar (ICEBM 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
29 June 2020
ISBN
978-94-6252-980-9
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200626.074How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Robby Dharma
AU  - Letnan Dalimunthe
AU  - Arbiuddin Syahputra Hakim Harahap
AU  - Susriyanti
AU  - Sartika Putri Rahayu
PY  - 2020
DA  - 2020/06/29
TI  - The Effects of Profitability, Growth, and Size on Company Value With Capital Structure as Control Variable
BT  - 8th International Conference of Entrepreneurship and Business Management Untar (ICEBM 2019)
PB  - Atlantis Press
SP  - 439
EP  - 445
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200626.074
DO  - https://doi.org/10.2991/aebmr.k.200626.074
ID  - Dharma2020
ER  -