Pengaruh Struktur Modal Dan Profitabilitas Terhadap Nilai Perusahaan Perbankan Syariah Di Indonesia

Authors

  • Abdul Wahab Universitas Muhammadiyah Mataram
  • Didik Alwan Universitas Muhammadiyah Mataram

DOI:

https://doi.org/10.31764/jseit.v1i2.8285

Keywords:

capital structure, profitability, sharia banking, value of the firm

Abstract

Abstract: Every company has the same goal both short and long term that is to maximize and increase the prosperity of the shareholders. To achieve this, then the path that can be taken by the management company is to increase the profits obtained and maximize the value of the company. The purpose of this research is to know the influence of capital structure (DAR, DER) and profitability (ROA, ROE) to company value (EPS) in syariah banking at Indonesia Stock Exchange period 2012-2016. The population of this study is the Sharia (BUS) Commercial Bank listed on the Indonesia Stock Exchange 2012-2016. Method of determining the sample by purposive sampling method, with some criteria that have been determined then the number of samples is as much as 6 Sharia Commercial Banks. The research data is secondary data obtained from Annual Report (AR) year 2012-2016. Data analysis technique used in this research is panel data regression analysis. The results obtained in this study indicate that: 1) DAR has no significant and significant effect on firm value, 2) DER has a significant positive effect on firm value, 3) ROA has no effect on firm value, 4) ROE has no effect on firm value

References

DAFTAR PUSTAKA

Annual Report bank umum syariah (BUS) di Indonesia sampai dengan tahun 2016

Al- Kayed,Lama., Zain,Sharifah,. Duasa, Jarita. (2014). The relationship between

capital structure and performance of Islamic banks. Journal of Islamic

Accounting and Business Research,Vol. 5 Iss 2 pp. 158 – 181.

Abdelrahman,. Meero, Ahmad. (2015). The Relationship between Capital Structure

and Performance in Gulf Countries Banks:A Comparative Study between

Islamic Banks and Conventional Banks .International Journal of Economics

and Finance; Vol. 7, No. 12; 2015

Akhtar MW, Khan FA, Shahid A, Ahmad J. (2016). Effects of Debt on Value of a

Firm. J Account Mark 5: 202. doi:10.4172/2168-9601.1000202

Bukit, Rina Br. (2012). Pengaruh Struktur Modal Terhadap Nilai Perusahaan Melalui

Profitabilitas Analisis Data Panel Perusahaan Manufaktur di Bursa Efek

Indonesia. Jurnal Keuangan Dan Bisnis Vol 4 No3.

Brigham, F & Gapenski, L (1996). Financial Management Theory and Practice. Fifth

Edition, United State of America.

Brigham, Augene F., dan Houston, Joel F., (2011). Essentials of Financial

Management, Edisi 11, Terjemahan oleh Ali Akbar Y, 2011,

Jakarta:Salemba Empat.

Chowdhury, Anup dan Chowdhury, Suman Paul. (2010). Impact of capital structure

on firm’s value: Evidence from Bangladesh. BEH - Business and

Economic Horizons Volume 3 Issue 3 pp. 111-122

Djakfar, Muhammad. (2012). Etika Bisnis, Menangkap Spirit Ajaran Langit dan

Pesan Moral Ajaran Bumi. Edisi kesatu. Jakarta: Penebar Swadaya.

Darmadji T. dan Hendy M. Fakhruddin. (2001). Pasar Modal Di Indonesia.

Jakarta: Salemba Empat.

Damodaran, Aswath. (2002). Investment Valuation: Tools and Techniques for

Determining the value of Any Asset 2 edition. New York: Jhon Wiley & Sons

Inc

Fadhillah, Ansoriyah. (2012). Pengaruh Struktur Modal Terhadap Kinerja Keuangan

Perusahaan: studi Kasus Perusahaan Pertambangan yang tercatat pada Bursa

| Journal of Sharia Economy and Islamic Tourism | Vol. 1, No. 2, Maret 2021, Hal. 27-40

efek Indonesia 2005-2011. Kajian ekonomi dan Keuangan, Volume 16, No. 1

Tahun 2012.

Fatwa Dewan Syariah Nasional Nomor 80/DSN-MUI/III/2011 Tentang Prinsip

Penerapan Prinsip Syariah Dalam Mekanisme Perdagangan Efek Bersifat

Ekuitas di Pasar Reguler Bursa Efek.

Ghozali, Imam. (2005). Aplikasi Analisis Multivariate Dengan Program SPSS. Edisi

Ketiga. Badan Penerbit Universitas Diponegoro. Semarang

Hermuningsih, Sri. (2012). Pengaruh Profitabilitas, Size Terhadap Nilai Perusahaan

Dengan Struktur Modal sebagai Variabel Intervening, Jurnal Siasat Bisnis Vol

No.2. hal. 232-242

Hardiningsih, Pancawati. (2009). Determinan Nilai Perusahaan. Jurnal Akuntansi

Indonesia Vol. 5 No. 2, Juli 2009: 239 – 250.

Husnan, Suad. (2000). Manajemen Keuangan Teori dan Penerapan. Edisi Ketiga.

Yogyakarta:UPP AMP YKPN

Downloads

Published

2022-03-30

Issue

Section

Articles