This study aims to determine the effect of profitability and capital structure partially to the corporate value, to determine the effect of profitability and capital structure simultaneously to the corporate value and to determine the indirect effect of profitability to the corporate value through capital structure. The study population was the entire agricultural sector companies listed in Indonesia Stock Exchange 2009-2012. The population consists of 4 sectors, namely plantations, the livestock sector, fisheries sector, and other sectors. From the four sectors, sample is used in this research consists of 17 companies listed on the Indonesia Stock Exchange in 2009-2012. Samples obtained by purposive sampling to select a sample with certain criteria, so in accordance with research design. To analyse the data using path analysis. The results of this study stated that the profitability has negative effect and a significant on capital structure and have direct influence of 0.1429 or 14.29% . Capital Structure has a significant effect on Corporate Value and have direct influence of 0.2266 or 22.66%. Profitability has no significant effect on the corporate value and have a direct influence at 0.0198 or 1.98%. Profitability has a significant effect to the capital structure, but Profitability has no effect on corporate value, thus the Profitability is not directly influence the corporate value. Profitability will effect the value of the company if it is mediated by the capital structure with the indirect effect of 0.1799 or 17.99%.Keywords: Debt to Equity Ratio, Return on Investment, Corporate Value

Published by Universitas Riau
Journal Name Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi
Contact Phone-
Contact Name -
Contact Email -
Location Kota pekanbaru, Riau INDONESIA
Website | https://jom.unri.ac.id/index.php/JOMFEKON|
ISSN ISSN : -, EISSN : -, DOI : -,
Core Subject Economy,
Meta Subject Economics, Econometrics & Finance,
Meta Desc
PenulisSimatupang, Limson , Wijaya, Errin Yani , ', Haryetti
Publisher ArticleJurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi
Subtitle Article Jurnal Online Mahasiswa (JOM) Bidang Ilmu Ekonomi Vol 1, No 2 (2014): wisuda oktober 2014
Scholar Googlehttp://scholar.google.com/scholar?q=%2Bintitle%3A&…
View Article
DOI
DOI Number
Download Article [1]
Download Article [2]

 

The The Chronicles of Narnia: The Lion, the Witch and the Wardrobe The Lord of the Rings: The Return of the King (film) The Lord of the Rings The Chronicles of Narnia: The Lion, the Witch and the Wardrobe (lagu tema) Cut the Rope The Collected Works of the Roches The Sun, The Moon & The Hurricane The Chronicles of Narnia: The Voyage of the Dawn Treader The Return of the Fellowship of the Ring to the Two Towers The Chronicles of Narnia: The Voyage of the Dawn Treader (lagu tema) The Lord of the Rings: The Fellowship of the Ring (film) The Works (album The Corrs) The House of the Dead 2 The Hono…

urable The Claw of the Conciliator The Restaurant at the End of the Universe The House of the Dead Night of the Day of the Dawn of the Son of the Bride of the Return of the Revenge of the Terror of the Attack of the Evil, Mutant, Alien, Flesh Eating, Hellbound, Zombified Living Dead Part 2: In Shocking 2-D All the Love in the World (lagu The Corrs) The Platinum's on the Wall Down in the Alley The Pakubuwono The Gangster, the Cop, the Devil Avatar: The Last Airbender – The Search The Book and the Sword The Temptations The Simpsons The Matrix The Corrs: Live at the Royal Albert Hall The Man in the Iron Mask (film 1998) The Butcher, the Chef and the Swordsman The Princess and the Frog The Woman in the Dunes The Tale of the Pie and the Patty-Pan The Promise (album Fly to the Sky) The Sword of the Lictor The Saga of the Viking Women and Their Voyage to the Waters of the Great Sea Serpent The Witness Of The Sunset The Lord of the Rings: The Two Towers (film) Alvin and the Chipmunks: The Squeakquel The Hitchhiker's Guide to the Galaxy (novel) The Right Time (lagu The Corrs) The Last House on the Left The Best of The Proclaimers Avatar: The Last Airbender – The Burning Earth Oggy and t