The Influence of Capital Structure, Return on Equity (ROE), and Return on Investment on the Value of Food and Beverage Companies Listed on the IDX 2018-2021

Firm value is one of the company's goals to maximize share value. There are several factors that affect the value of the company, but the authors only examine three variables, namely capital structure, Return on Equity, and Return on Investment. This study aims to examine the effect of capital structure, Return on Equity, and Return on Investment on firm value. The population of this study are food and beverage companies listed on the IDX for the 2018-2021 period with a total of 34 companies and a sample of 18 companies. This study uses multiple linear analysis techniques. The results showed that the independent variables in this study were variables that had a significant and insignificant effect on firm value. The capital structure positively and significantly influences the firm's value. Return On Equity has a positive and insignificant effect on firm value. Return On Investment has a positive and significant effect on firm value.