PENGARUH UKURAN PERUSAHAAN, DEBT TO EQUITY RATIO DAN RETURN ON ASSETS TERHADAP NILAI PERUSAHAAN DENGAN GOOD CORPORATE GOVERNANCE INDEKS SEBAGAI VARIABEL MODERASI STUDI EMPIRIS PADA PERUSAHAAN PROPERTY REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014-2017

Abstract

Effect of Firm Size, Debt to Equity Ratio and Return on Assets on Firm
Values with Good Corporate Governance Index as a Moderating variable in
Empirical Study on Real Estate Property Companies listed on the Indonesia stock
exchange in 2014-2017. This study aims to see and find out the direct effects of
Company Size, Debt to Equity Ratio and Return on Assets on Company Values
with the Good Corporate Governance Index as a Moderating variable. The
population in this study is the Property Real Estate sector which is listed on the
IDX, namely 61 Issuers and uses purposive sampling method so that the sample in
this study becomes 31 issuers using Moderated Regression Analysis. The results
of this study found that Firm Size, Return on Assets end Good Corporate
Governance had a significant positive effect on Firm Value while Debt to Equity
Ratio had a significant negative effect on Firm Value. With the variable Good
Corporate Governance Index as a moderating variable, it strengthens the
relationship between the variables of Firm Size and Return on Assets on Firm
Values, while for Debt to Equity Ratio with the Good Corporate Governance
Index as a moderating variable weakens the relationship of Debt to Equity Ratio
to Firm Value.