Wangsawinangun, Rizki Zulhilmi (2018) Pengaruh Profitabilitas, Likuiditas Terhadap Struktur Modal Dan Nilai Perusahaan (Studi pada Perusahaan Sektor Property dan Real Estate yang terdaftar di BEI Tahun 2013-2015). Magister thesis, Universitas Brawijaya.
Abstract
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English Abstract
This study aims to find out and explain the context of profitability, liquidity, capital structure and firm value by property and real estate companies listed on Indonesia Stock Exchange in 2013-2015; to know and explain the effect of profitability on capital structure, liquidity on capital structure, profitability on firm value, liquidity on firm value and capital structure on firm value by using some capital structure theories such as: Modigliani Miller theory (1963), Pecking Order Theory (Myers, 1984) and Trade-off Theory. This study uses explanatory research using annual report as secondary data. Secondary data is obtained from the annual report published by the companies in their official website. The sampling technique used is purposive sampling with 23 companies as the samples per research year. Data analysis in this study uses Smart PLS 3.0 with a significance level of 0,05. The analysis result in this research indicates that profitability has negative and significant effects on capital structure, liquidity has no significant effect on capital structure, profitability has no significant effect on firm value, liquidity has positive and significant effects on firm value, and capital structure has positive and significant effects on firm value. The results of this study show that when the capital structure of property and real estate companies in 2013-2015 has not reached an optimum point, then the addition of debt will increase the firm value.
Other obstract
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| Item Type: | Thesis (Magister) |
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| Identification Number: | TES/658.020 711 28/WAN/p/2018/041803860 |
| Uncontrolled Keywords: | MANAGEMENT - CAPITAL, MANAGEMENT - ADMINISTRATION |
| Subjects: | 600 Technology (Applied sciences) > 658 General management > 658.02 Management of enterprises of specific sizes and scope / Corporate governance > 658.020 711 28 Management of enterprises of specific sizes and scope (Capital and Administration) |
| Divisions: | S2/S3 > Magister Administrasi Bisnis, Fakultas Ilmu Administrasi |
| Depositing User: | Endang Susworini |
| Date Deposited: | 19 Dec 2019 06:38 |
| Last Modified: | 10 Mar 2022 01:49 |
| URI: | http://repository.ub.ac.id/id/eprint/177169 |
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