PENGARUH PERTUMBUHAN PENJUALAN, UKURAN PERUSAHAAN, RETURN ON ASSET (ROA), DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN

(Studi Empiris Pada Perusahaan Sektor Infrastruktur, Utilitas, Transportasi Sub Sektor Transportasi yang terdaftar di Bursa Efek Indonesia Periode 2012 – 2016)

Abstract

This research is meant to find out an empirical evidence about some factors which influence firm value on transportation service sub-sector companies listed on the Indonesia Stock Exchange. Some factors which have been tested in the research i.e sales growth, firm size, return on asset, and capital structure. The samples are 12 transportation service sub-sector companies listed on the Indonesia Stock Exchange in 2012 – 2016 periods which have been selected by using purposive sampling method. These factors are tested by using multiple regressions analysis at significance level 5 percent by using statistic test instrument the SPSS (Statistical Product and Service Solutions) 20.0 version.The result of the analysis show that sales growth does not have any influence to the firm value, with the significance value 0.914 and the regression coefficient is -0.064. The firm size has negative influence to the firm value, with the significance value 0.024 and the regression coefficient is -0.426. Return on asset does not have any influence to the firm value, with significance value 0,520 and regression coefficient is -0,524. And the capital structure has a positive influence to the firm value, with a significance value of 0,000 and a regression coefficient of 1.312.