Abstract :
Penelitian ini bertujuan untuk menguji faktor-faktor yang mempengaruhi nilai
perusahaan pada perusahaan sub sektor manufaktur food and beverages yang
terdaftar di Bursa Efek Indonesia (BEI) periode 2010-201. Variabel dependen
dalam penelitian ini menggunakan nilai perusahaan. Variabel independent
menggunakan investment opportunity set (IOS), struktur modal, dan dividen serta
variabel kontrol menggunakan profitabilitas dan ukuran perusahaan. Populasi
penelitian ini adalah perusahaan sub sektor manufaktur food and beverages yang
terdaftar di Bursa Efek Indonesia (BEI) periode 2010-2021. Metode penentuan
sampel menggunakan purposive sampling dengan kriteria tertentu dan diperoleh
sampel sebanyak 12 perusahaan food and beverages. Metode analisis yang
digunakan adalah analisis regresi linier berganda. Hasil penelitian menunjukkan
bahwa Investment Opportunity Set (IOS) dan Dividen tidak terbukti berpengaruh
terhadap nilai perusahaan, sedangkan struktur modal terbukti berpengaruh
terhadap nilai perusahaan.
Kata Kunci : Nilai Perusahaan, Investment Opportunity Set (IOS), Struktur
Modal, Dividen, Profitabilitas, Ukuran Perusahaan
This study aims to examine the factors that influence firm value in food and
beverages manufacturing sub-sector companies listed on the Indonesia Stock
Exchange (IDX) for the 2010-201 period. The dependent variable in this study
uses firm value. Independent variables use investment opportunity set (IOS),
capital structure, and dividends as well as control variables using profitability and
company size. The population of this study is a food and beverages manufacturing
sub-sector company listed on the Indonesia Stock Exchange (IDX) for the 20102021
period. The method of determining the sample using purposive sampling
with certain criteria and obtained a sample of 12 food and beverages companies.
The analysis method used is multiple linear regression analysis. The results
showed that Investment Opportunity Set (IOS) and Dividen had no effect on firm
value, while capital structure had an effect on firm value.
Keywords : Firm Value, Investment Opportunity Set (IOS), Capital Structure,
Dividend, Profitability, Company Size