PENGARUH KECUKUPAN MODAL, STRUKTUR MODAL, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERBANKAN

This research aims to empirically prove the influence of capital adequacy, capital structure and profitability on firm value. The object of this research is conventional commercial banks registered with the OJK. The method in this research is associative with a quantitative approach. The sampling technique used simple random sampling technique to obtain a sample of 31 banking companies. The data used is secondary data with documentation techniques from the annual reports of conventional commercial banks registered with the OJK for 2021-2022. The independent variables are capital adequacy measured by the Capital Adequacy Ratio (CAR), capital structure measured by the Debt to Equity Ratio (DER) and profitability measured by Return On Equity (ROE). The dependent variable is firm value measured by Price Book Value (PBV). This research uses SPSS 25 software as a testing tool. The results of this research show that capital adequacy has a significant effect on firm value, while capital structure and profitability do not have a significant effect on firm value.