Abstract

The current development of the Indonesia Stock Exchange can not be separated by the role of investors who have invested companies that have gone public is to increase the value of the company. Companies that share capital to the capital market. The main objective has a good corporate value, also has increased the welfare of ownership or shareholders. Business development continues to progress so rapidly. Intense competition makes many companies take steps to optimize the value of the company to survive in the business world. Company value is a measure of success over the implementation of financial functions and also describes the welfare of the owners of the company. Manufacturing companies continue to experience an increase in stock prices. The increase in stock prices certainly increases the value of the company. The results showed that capital structure, profitability and moderation of dividend policy have influence to company value, with value of 45,8% research model can explain its contribution to company value

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