Pengaruh Struktur Modal, Pertumbuhan Perusahaan Terhadap Profitabilitas Dan Nilai Perusahaan ( Studi Industri Otomotif Yang Terdaftar Di Bursa Efek Indonesia Tahun 2019-2021)

ABSTRACT
YANTI MELLOLO. The Effect of Capital Structure, Company Growth on Profitability and Company Value (Study of the Automotive Industry Listed on the Indonesia Stock Exchange in 2019-2021) (supervised by Muhammad Ali and Andi Aswan)

This research aims to(1) Capital structure affects the profitability of the automotive industry listed on the Indonesian stock exchange. (2) The growth of the company affects the profitability of the automotive industry listed on the Indonesian stock exchange. (3) The capital structure affects the value of the company in the automotive industry that is listed on the Indonesian stock exchange. (4) The growth of the company affects the value of the company in the automotive industry that is listed on the Indonesian stock exchange. listed on the stock exchange. (5) Profitability has an effect on firm value in the automotive industry listed on the Indonesian stock exchange. (6) Capital structure has an effect on firm value mediated by profitability in the automotive industry listed on the Indonesian stock exchange. (7) Company growth has an effect on firm value mediated by profitability in the automotive industry listed on the Indonesian stock exchange. This research is quantitative descriptive. The data used in this study were obtained from the financial statements of the automotive industry listed on the Indonesia Stock Exchange for the 2019-2021 period. This study uses secondary data. The data sample selection used purposive sampling technique and used 11 companies. The data analysis technique in this study used path analysis. The results of the study show that (1) Capital Structure has a positive and significant effect on profitability. (2) Company growth has a negative and insignificant effect on profitability. (3) Capital structure has a negative and insignificant effect on firm value. (4) Company growth has a negative and insignificant effect on firm value. (5) Profitability has a positive and significant effect on firm value. (6) Capital structure through profitability has a positive and insignificant effect on firm value. (7) Company growth through profitability has a negative and insignificant effect on firm value.
Keywords: capital structure; company growth; profitability; the value of the company