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Home > Articles

Pengaruh Struktur Modal dan Profitabilitas terhadap Nilai Perusahaan

  • Andika Setiadiana Putra
    Universitas Kristen Maranatha

  • Sienly Veronica
    Universitas Kristen Maranatha


DOI: https://doi.org/10.37034/infeb.v7i2.1161
Keywords: Capital Structure, Profitability, Firm Value, Transportation, Infrastructure

Abstract

Companies listed on the IDX in the infrastructure, utilities, and transportation subsector between 2018 and 2023 will be the focus of this study, which seeks to assess the impact of capital structure and profitability on firm value. This study uses a causal-comparative design and quantitative methodology to provide an explanation. Companies listed on the IDX in the infrastructure, utilities, and transportation subsector are the population in this study. Purposive sampling was used to select 27 companies that met certain criteria for the research sample. Annual financial reports served as a secondary data source. Using SPSS version 26, we conducted multiple linear regression analysis on the collected data. The significance threshold (α) used for hypothesis testing was 5% or 0.05. Firm value, as assessed by PBV, is positively and significantly affected by capital structure, as indicated by DER. A firm's value is positively and significantly affected by its profitability, as indicated by ROA. That is why investors value companies with a healthy financial structure and strong profitability more. Based on the findings of this study, organizations can increase their value and attractiveness to investors by optimizing capital structure and increasing profitability.

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Published
2025-06-30
Issue
Vol. 7, No. 2 (June 2025)
Section
Articles
How to Cite
Putra, A. S., & Veronica, S. (2025). Pengaruh Struktur Modal dan Profitabilitas terhadap Nilai Perusahaan. Jurnal Informatika Ekonomi Bisnis, 7(2), 404-410. https://doi.org/10.37034/infeb.v7i2.1161
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