Pengaruh Keputusan Investasi, Profitabilitas, Dan Struktur Modal Terhadap Nilai Perusahaan

This study aims to analyse the effect of investment decisions, profitability and capital structure
on firm value. The independent variables used in this study are investment decisions proxied by Total
Asset Growth (TAG), profitability proxied by Return on Asset (ROA), and capital structure proxied by
Debt Equity Ratio (DER). The dependent variable, namely firm value, is proxied by Tobin's Q. This type
of quantitative research with purposive sampling method has obtained 190 samples from 38 banking
companies listed on the Indonesia Stock Exchange during the 2018-2022 period. The analysis method
used is multiple linear regression analysis using the Eviews version 10 programme. The results concluded
that investment decisions (TAG) have a positive effect on firm value, profitability (ROA) has a negative
effect on firm value, and capital structure (DER) has no effect on firm value