PENGARUH GROWTH OPPORTUNITY DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL INTERVENING PADA PERUSAHAAN PROPERTI DAN REAL ESTATE DI BURSA EFEK INDONESIA

Abstract

The purpose of this study is to find out growth opportunity has a significant effect on capital structure, profitability has a significant effect on capital structure, growth opportunity has a significant effect on firm value, profitability has a significant effect on firm value, capital structure has a significant effect on firm value, growth opportunity has a significant effect on firm value through capital structure, profitability has a significant effect on firm value through capital structure. The sampling technique was determined by purposive sampling. Data analysis and hypothesis testing in this study used the Structural Equation Model – Partial Least Square (PLS-SEM) Based on the results of the study, it is known that growth opportunity has a positive but not significant effect on capital structure. Profitability has a positive and significant effect on capital structure. Growth opportunity has a positive and significant effect on firm value. Profitability has a positive and significant effect on firm value. Capital structure has a positive and significant effect on firm value. Growth opportunity has a positive but not significant effect on firm value through capital structure. Profitability has a positive and significant effect on firm value through capital structure.