The Effect Of Capital Structure, Firm Size, And Firm Growth On Profitability And Firm Value

This study aims to examine how capital structure, firm size, and firm growth affect profitability and firm value. The research sample consisted of seven issuers of state-owned enterprises (BUMN) included in the infrastructure cluster, with an observation period from 2015 to 2019. Quantitative data were then processed using multiple linear regression techniques with Eviews 9 software. The study results revealed that capital structure had a negative and insignificant effect on profitability. Meanwhile, firm size and firm growth affected profitability positively but not significantly. Furthermore, profitability positively but not significantly affected firm value.