EFFECTS CAPITAL STRUCTURE, MANAGERIAL OWNERSHIP, FIRM SIZE, AND TANGIBLE ASSET TO THE FIRM VALUE: EMPIRICAL STUDY ON INDONESIAN STOCK EXCHANGE

Abstract

This study was conducted to test the effect of capital structure, managerial ownership, size, and asset tangibility to the value of companies listed on the Indonesia Stock Exchange. In this study population is all listed manufacturing companies (Go Public) at the Indonesian Stock Exchange (BEI) 2011-2014. The sample in this study are listed manufacturing companies (Go Public) at the Indonesian Stock Exchange (BEI) 2011-2014. The sampling method used in this study is judgment sampling method, which is one form of purposive sampling by sampling predetermined based on the intent of the study. Based on this can be obtained samples 26 companies, so that the number of observations 104. Methods of data analysis using multiple linear regression analysis. The results showed that capital structure has a significant influence on the value of the firm's, managerial ownership, size and the asset tangibility have no effect on Firm Value.

Keywords:  Capital Structure, Managerial Ownership, Company Size, Asset Tangibility, and Firm Value.