The Influence of Capital Structure, Profitability, Company Size on the Value of IDX Manufacturing Companies.

Abstrak

The value of a company is a positive signal in the eyes of investors to invest their capital in that company. This research aims to determine and explain the influence of capital structure, profitability and company size on the value of manufacturing companies in the Textile and Garment Industry Sub-Sector listed on the IDX for the 2021-2023 period. This type of quantitative research is correlational research. The sampling technique in this research used purposive sampling, the samples taken were 14 manufacturing companies in the Textile and Garment Industry Sub-Sector listed on the IDX. Data in the form of company financial reports for 2021-2023. The data analysis technique uses analysis parameter tests and multiple linear regression tests. The results of research data analysis show that capital structure (DAR) has no significant effect on company value, profitability (ROA) has a significant effect on company value (PBV), company size (Ln(Total assets)) has a significant effect on company value (PBV). Capital structure (DAR), profitability (ROA) and company size (total assets) simultaneously influence company value (PBV) in manufacturing companies in the Textile and Garment Industry Sub-Sector listed on the IDX for the 2021-2023 period with a p-value (0.001 < 0.05).