EFFECT OF COMPANY SIZE, PROFITABILITY AND CAPITAL STRUCTURE ON FIRM VALUE IN INDONESIA

ABSTRACT : Rated companies are certain conditions that have achieved by a company as an illustration ofpublic trust in the company after going through a process of activities for several years, from the time thecompany was founded until now. Firm value is often associated with stock prices. The highest share price makesthe value of the company will also be high. This study aims to examine the effect of company size, profitability,and capital structure on Firm value. This research was conducted on the Indonesia Stock Exchange (IDX) inyear 2019. The number of samples used in the study were413 companies, which were taken using a purposivesampling method with several predetermined criteria. The data analysis technique used is multiple linearregression. The results of this study indicate that company size, profitability, and capital structure have asignificant effect on Firm value. Partially, company size and profitability have a positive and significant effecton firm value with a significance value of 0.00 each. While the capital structure does not affect the value of thecompany indicated by the significance value of 0.54.

KEYWORDS: Firm value, Company Size, Profitability, Capital Structure.