Daftar Isi:
  • The purpose of this research is to know empirically the impact of capital structure on company value using an associative method. In this research, the company value is measured by Price to Book Value (PBV) and the capital structure is measured by Debt to Equity Ratio (DER). The object in this research is manufacture company that is listed on Indonesia Stock Exchange from 2013-2016 periods. The data in this research is collected by purposive sampling with the total of population 576 company and sample total of 297 company and analyzed by simple linear regression. The data type used in this research is secondary data such as company’s financial report or annual report which are collected from IDX website. The result of this research proved that capital structure that is measured by DER has no significant effect on company value that is measured by PBV.