Peran Profitabilitas Sebagai Variabel Interverning Dan Pengaruh Struktur Modal Terhadap Nilai Perusahaan
Shareholders have an interest to increase firm’s value in order to maximize their wealth, the increase of the firm’s value is represented by the stock price (proxied by price book value). This study aims to determine the ability of profitability (proxied by a debt to equity ratio). The research population is the company of goods and consumption insdustries in manufacturing in 2013-2017. Sampling with purposive sampling method. Hypothesis testing uses data analysis teachniques with the application of the spss application version 16. This study shows results where profitability can mediate the effect of capital structure on firm value, because debt will increase the value of the company, and the increase the value of the company , and the increase in company value will be greater if debt can increase profitability the company that is the research sample has not reached the optiml point at the debt level. So that the increase in the proportion of debt that can increase profitability can be used to obtain higher corporate value.