Pengaruh Struktur Modal Dan Profltabllltas Terhadap Nllal Perusahaan (Studi Pada Perusahaan Tekstil Dan Garmen Yang Terdaftar Di Bursa Efek Lndonesia Periode 2011 - 2014)

Abstract

Every company should maximize efforts to produce competitiv products. Funding the production obtained from internal or external of the company.Company obtained from the profits or gains, from outside the company of a loan or debt from creditors and the sale of shares the company to obtain investment from prospective investors. The purpose of this study is to know of capital structure and profitability of the firm value. This research is an explanatory research with quantitative approach. Total population in this study are 18 companies. This study usingpurposive sampling technique and 14 companies. The analytical method i multiple linear analysis. These results indicate that the DR (Debt Ratio) , DER (Debt to Equity Ratio) and retum on equity (ROE) jointly affected to firm value (Tobin\u27s q). Butpartially debt racio (DR) positive effect on firm value (Tobin\u27s q), DER (Debt to Equity Rctio) and retums to equity ratio (ROE) has no effect on firm value (Tobin\u27s q). Keywords : Capital Structure, Profitability, Firm Value, Debt Ratio, Debt to Equity Ratio, Return on Equit