Modal Perusahaan Terhadap Nilai Profitabilitas Variabel Intervening Property dan Real Estate Terdaftar di BEI

  • Febby Yola Natasya * Mail UNIVERSITAS HARAPAN MEDAN, Indonesia
  • Teguh Setiawan Universitas Harapan Medan , Indonesia
  • Hafriz Rifki Hafas Universitas Harapan Medan , Indonesia
DOI: https://doi.org/10.47065/jamek.v2i2.238
Keywords: Capital Structure; Firm Size; Firm Value; Profitability

Abstract

The data of this study were taken from the Indonesia Stock Exchange with the aim of knowing the effect of capital structure and firm size on firm value with profitability as an intervening variable in property and real estate companies. This research uses causality research method with quantitative approach with secondary data documentation data collection techniques. The total population of this study were 40 companies and the number of samples was 30 companies. Determination of the sample in this study using purposive sampling technique. The results of this study indicate that the capital structure variable has a significant positive effect on firm value, firm size has a significant negative effect on firm value, capital structure has a significant negative effect on profitability, firm size has a significant negative effect on profitability, profitability has a significant negative effect on firm value and profitability is not able to mediate capital structure and firm size on firm value.

References

[1] Andi Runis Makkulau, F. Amin, and A. Hakim, “Pengaruh Struktur Modal Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Pada Perusahaan Properti dan Real Estate yang terdaftar di Bursa Efek Indonesia,” J. Econ. Bus., vol. 1, no. 2, pp. 68–75, 2018.
[2] A. Chandra, Kamaliah, and R. Agusti, “Pengaruh Struktur Modal Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening ( Studi Empiris Pada Perusahaan Real Estate & Property Yang Terdaftar Di Bei Periode 2009 - 2013 ),” J. Ekon., vol. 24, no. 3, pp. 1–16, 2016.
[3] A. Octaviany, S. Hidayat, and M. Miftahudin, “Pengaruh Ukuran Perusahaan dan Leverage terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Intervening,” J. Ris. Inspirasi Manaj. dan Kewirausahaan, vol. 3, no. 1, pp. 30–36, 2019, doi: 10.35130/jrimk.v3i1.48.
[4] Brealey, Richard A., Stewart C. Myers dan Alan J. Marcus. (2008). Dasar-Dasar Manajemen Keuangan Perusahaan, Jilid Kedua, Edisi Kelima, Jakarta: Erlangga.

[5] D. P. Puspitasari and B. Suryono, “Modal Intelektual, Ukuran Perusahaan Dan Struktur Modal Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening,” J. Ilmu dan Ris. Akunt. , vol. 9, no. 2, pp. 1–25, 2020, [Online]. Available: http://e-journal.usd.ac.id/index.php/LLT%0Ahttp://jurnal.untan.ac.id/index.php/jpdpb/article/viewFile/11345/10753%0Ahttp://dx.doi.org/10.1016/j.sbspro.2015.04.758%0Awww.iosrjournals.org.
[6] Gozali (2016). Aplikasi Analisis MultivarateCetakan keempat.Universitas Diponegoro, Semarang:Grasindo.

[7] Hansen, Don. R. dan M. Mowen, Mayane. (2001). Manajemen Biasa Akuntansi danPengendalian. Buku Dua. Edisi Kesatu. Jakarta. Salemba Empat.

[8] Kasmir. (2008). Analisis Laporan Keuangan. Jakarta: Rajawali Pers

[9] Martono dan D. Agus Harjito. (2004). Manajemen Keuangan. Yogyakarta: Ekonosia.

[10] R. R. Hamidy, I. Gusti, B. Wiksuana, L. Gede, and S. Artini, “Pengaruh Struktur Modal Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Pada Perusahaan Properti Dan Real Estate Di Bursa Efek Indonesia,” E-Jurnal Ekon. dan Bisnis Univ. Udayana, vol. 4, no. 10, pp. 665–682, 2015.
[11] R. D. Endarwati and S. Hermuningsih, “Pengaruh Struktur Modal Dan Pertumbuhan Penjualan terhadap Nilai Perusahaan dengan Profitabilitas Sebagai Variabel Intervening Pada Perusahaan Property Dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2017,” SEGMEN J. Manaj. Dan Bisnis, vol. 15, no. 1, pp. 63–70, 2019.
[12] Sugiyono. (2012). Memahami Penelitian Kualitatif. Bandung: ALFABETA
Dimensions Badge
Published
2022-05-31
How to Cite
Natasya, F. Y., Setiawan, T. and Hafas, H. R. (2022) “Modal Perusahaan Terhadap Nilai Profitabilitas Variabel Intervening Property dan Real Estate Terdaftar di BEI”, Jurnal Akutansi Manajemen Ekonomi Kewirausahaan (JAMEK), 2(2), pp. 123-134. doi: 10.47065/jamek.v2i2.238.
Issue
Vol 2 No 2 (2022): Edisi Mei
Section
Articles

Copyright (c) 2022 Febby Yola Natasya, Teguh Setiawan, Hafriz Rifki Hafas

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (Refer to The Effect of Open Access).