PENGARUH STRUKTUR MODAL, KEPEMILIKAN DAN FAKTOR EKSTERNAL PADA PENENTUAN NILAI PERUSAHAAN

Abstract

The value of the company is a condition that has been obtained by the company which is the description of society's view of the company. The development of today's business world makes the competition between companies. Therefore, every company should have the ability to survive in the competition. This study aimed to examine the effect of capital structure, ownership and external factors in determining the value of the company. This study uses secondary data on companies listed on the Indonesian Stock Exchange (BEI) in 2009-2013. This research sample selection using purposive sampling method.The number of samples that 325 manufacturing companies.Analyzer used to test the hypothesis that multiple regression analysis using SPSS 15.0 Results of the study indicate that capital structure significantly influences the value of the company. While the managerial ownership, institutional ownership, interest rate, inflation rate has no significant effect on firm value.

Keywords :    Capital Structure, Managerial Ownership, Institutional Ownership, Interest Rate, Inflation Rate and the Value of the Company.