PENGARUH STRUKTUR MODAL, PROFITABILITAS DAN GOOD CORPORATE GOVERNANACE (GCG) TERHADAP NILAI PERUSAHAAN (Studi Empiris Pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia (BEI) Tahun 2017-2020)

Abstract

This study is entitled " The Influence of Capital Structure, Profitability, and Good Corporate Governance (GCG) on Firm Value: An Empirical Study on Property and Real Estate Sub-Sector Companies Listed on the Indonesia Stock Exchange from 2017 to 2020." aims to examine the influence of Capital Structure, Profitability, and Good Corporate Governance (GCG) on Firm Value: An Empirical Study on Property and Real Estate Sub-Sector Companies listed on the Indonesia Stock Exchange from 2017 to 2020. The sampling technique used in this study is purposive sampling, with a sample size of 12 companies. The data used in this research is secondary data obtained from the annual financial reports of each sampled company. This study employs a quantitative method. The data analysis techniques used include classical assumption tests, model selection tests, hypothesis testing (t-test), and determination coefficient tests. The data is processed using Eviews 12. The selected model for analysis is the Fixed Effect model, after conducting the Chow test, , Hausman, and Lagrange multiplier testss of this research indicate that Capital Structure has an influence on firm value, Profitability has an influence on firm value, while Good Corporate Governance (GCG) does not have an influence on firm value.