PENGARUH STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL INTERVENING ( STUDI EMPIRIS PADA PERUSAHAAN REAL ESTATE & PROPERTY YANG TERDAFTAR DI BEI PERIODE 2009 - 2013 )

Abstract

This study was conducted to test (1) The effect of capital structure on
profitability,(2) The effect of size of firm on profitability,(3) The effect of
profitability on firm value,(4) Effect of meditation profitability of the relationship
between capital structure and firm value, and (5) Effect of meditation profitability
of the relationship between size of firm and firm value. Object under study is a
real estate & property companies listed on Indonesian Stock Exchange during the
period 2009-2013 with a total sample some 23 companies. This study uses
secondary data obtained from Indonesian Stock Exchange. Testing is done by
using path analysis by using SPSS version 21. Prior to testing, conducted prior
test data normality adn linearity test.
The result showed that (1) Capital structure influence on profitability,(2) size of
firm influence on profitability,(3) Profitability affected the firm value, (4)
Profitability mediated the effect of capital structure on firm value ,and (5).
Profitability does not mediated the effect of size of firm on firm value.