PENINGKATAN NILAI PERUSAHAAN DAN PROFITABILITAS PERUSAHAAN MENGGUNAKAN STRUKTUR MODAL YANG DIMODERASI OLEH GOOD CORPORATE GOVERNANCE

Abstract

This study aims to examine and analyze the capital structure and profitability in the Islamic Jakarta
companies Index (JII) that go public in Indonesia Stock Exchange.
The researchers used 14 companies belonging to the Jakarta Islamic Index (JII) in Indonesia
Stock Exchange. This type of research is explanatory research. Data collection techniques using
documentary techniques. Data used in this research is secondary data from financial statements
published by the company were successively joined the Islamic Indonesian companies Index (III)
during the years 2010 - 2013. Furthermore, the data collected was analyzed quantitatively by using
multiple regression analysis using SPSS 20.0vers The results showed that the variables of capital
structure (DER) significantly affects Profitability and variables profitability significantly influence to
the company’s value, in this study the researchers added a variable as a variable of Good Corporate
Governance moderating and serves to strengthen the capital structur variables on firm value (PBV).

Keywords: Capital Structure (DER), Profitability (ROE), Good Corporate Governance and
Enterprise Value (PVB).