Pengaruh Struktur Modal, Profitabilitas dan Kebijakan Dividen terhadap Nilai Perusahaan pada Perusahaan Property, Real Estate dan Konstruksi Bangunan yang Terdaftar di Bursa Efek Indonesia Tahun 2010-2015

Abstract

This study aims to analyze the effect of capital structure, profitability and dividend policy on firm value. The population in this study is company in property, real estate and construction of buildings sector that listed on the Indonesia Stock Exchange. Sample was conducted with a purposive sampling method and obtained 44 samples of the company with the observation period of 6 years (2010-2015). Data collection techniques in this study using the annual financial statements and the Indonesian Capital Market Directory. The analysis tool used is multiple linear regression. The results showed that capital structure have negatif effect on firm value, profitability have positive effect on firm value and dividend policy does not affect to the firm value.