Pengaruh Struktur Modal, Pertumbuhan Perusahaan, dan Profitabilitas Perusahaan Terhadap Nilai Perusahaan Pada Perusahaan Sektor Kesehatan Yang Terdaftar di Bursa Efek Indonesia

Abstract

This study aims to determine the effect of capital structure, company growth, and profitability on firm value in health sector companies listed on the Indonesia Stock Exchange (IDX). This research uses a quantitative approach and the data analysis method used in this research is descriptive statistical analysis, multiple linear regression analysis, classical assumption test, and hypothesis testing using the SPSS programme. The population of this research is health sector companies listed on the Indonesia Stock Exchange in 2020-2022. The sample was determined based on the purposive sampling method, with a total sample size of 16 health sector companies so that the total observations in this study were 48 observations. The data used in this study are secondary data. The data collection method uses the documentation method through the official IDX website: www.idx.co.id. Hypothesis testing using the t test, the results of this study conclude that (1) Partially Capital Structure has a positive and significant effect on Firm Value, (2) Company Growth has a significant negative effect on Firm Value, (3) Profitability has a positive and significant effect on Firm Value.