Pengaruh Struktur Modal Terhadap Nilai Perusahaan Pada Hotel X Di Merauke

Hilda Elawati; Toar Andreas Moleong; Ratnawati

Penulis

Hilda Elawati Sekolah Tinggi Ekonomi Saint Theresa Merauke
Toar Andreas Moleong Sekolah Tinggi Ilmu Ekonomi Saint Theresa Merauke
Ratnawati Sekolah Tinggi Ilmu Ekonomi Saint Theresa Merauke

Kata Kunci:

Capital Structure, Firm Value, Debt To Equity Ratio, Return On Assets, Hotel Industry

Abstrak

This study aims to examine the effect of capital structure on firm value at Hotel X Merauke. Capital structure is measured using the Debt to Equity Ratio (DER), while firm value is proxied by Return on Assets (ROA). This research employs a quantitative approach using a case study method. The data used are secondary data obtained from the financial statements of Hotel X Merauke over a certain observation period. Simple linear regression analysis is applied to test the effect of capital structure on firm value. The results indicate that capital structure has a significant effect on the firm value of Hotel X Merauke. An optimally managed use of debt is able to improve financial performance and enhance firm value. These findings suggest that financing decisions play a crucial role in increasing firm value, particularly in the capital-intensive hotel industry. This study is expected to provide practical implications for management in determining optimal capital structure policies and academic contributions to corporate finance literature.

Unduhan

Data unduhan tidak tersedia.

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