THE EFFECT OF FINANCIAL LEVERAGE, FIRM SIZE AND FIRM GROWTH ON PROFITABILITY AND ITS IMPACT ON FIRM VALUE (Empirical Study On Manufacturing Company Listed in Indonesia Stock Exchange) By: NurulFatmawati NIM :1009200070058 Supervisor 1: Dr. Islahuddin, M. Ec, CA 2: Dr. Muhammad Arfan, SE, M. Si, CA ABSTRACT This study is aimed to examine the effect of financial leverage, firm size and firm growth on profitability and its impact on firm value, either simultaniously or partially. The unit of analysis is the manufacturing companies listed in Indonesia Stock Exchange (BEI) during the observation period of 2010 -2014. These samples included 70 observations (14 companies x 5 years). Processing data using panel data were processed using SPSS.The results showed that (1) financial leverage, firm size and firm growth simultaniously significant effect on profitability, (2) financial leverage have no significant effect on profitability, (3) firm size have a significant effect on profitability, (4) firm growth have significant effect on profitability, (5) financial leverage, firm size, firm growth, and profitability simultaniously have significant effect on firm value, (6) financial leverage have no significant effect on firm value, 7) firm size has significant effect on firm value, (8) firm growth has no significant effect on firm value, (9) profitability has significant effect on firm value, (10) the profitability does not mediate the effect of financial leverage on firm value, (11) the profitability partially mediate the effect of firm size on firm value, (12) the profitability fully mediate the effect of firm growth on firm value. Keywords: financial leverage, firm size, firm growth, profitability, firm value. PENGARUH FINANCIAL LEVERAGE, UKURAN PERUSAHAAN DAN PERTUMBUHAN PERUSAHAAN TERHADAP PROFITABILITAS DAN DAMPAKNYA TERHADAP NILAI PERUSAHAAN (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia) Oleh: Nurul Fatmawati NIM: 1009200070058 Pembimbing 1: Dr. Islahuddin, M. Ec, CA 2: Dr. Muhammad Arfan, SE, M. Si, CA ABSTRAK Penelitian ini bertujuan untuk menguji pengaruh financial leverage, ukuran perusahaan, dan pertumbuhan perusahaan terhadap profitabilitas dan dampaknya terhadap nilai perusahaan, baik secara bersama-sama maupun parsial. Unit analisisnya adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) selama periode pengamatan tahun 2010 –2014. Sampel penelitian berjumlah 70 pengamatan (14 perusahaan x 5 tahun). Pengolahan data menggunakan data panel yang diolah menggunakan program SPSS. Untuk menguji hipotesis, peneliti menggunakan path analysis. Hasil penelitian menunjukkan bahwa (1) financial leverage, ukuran perusahaan, dan pertumbuhan perusahaan secara bersama-sama berpengaruh signifikan terhadap profitabilitas, (2) financial leverage tidak berpengaruh signifikan terhadap profitabilitas, (3) ukuran perusahaan berpengaruh signifikan terhadap profitabilitas, (4) pertumbuhan perusahaan berpengaruh signifikan terhadap profitabilitas, (5) financial leverage, ukuran perusahaan, pertumbuhan perusahaan, dan profitabilitas secara bersama-sama berpengaruh signifikan terhadap nilai perusahaan, (6) financial leverage tidak berpengaruh signifikan terhadap nilai perusahaan, (7) ukuran perusahaan berpengaruh signifikan terhadap nilai perusahaan, (8) pertumbuhan perusahaan tidak berpengaruh signifikan terhadap nilai perusahaan, (9) profitabilitas berpengaruh signifikan terhadap nilai perusahaan, (10) profitabilitas tidak memediasi pengaruh financial leverage terhadap nilai perusahaan, (11) profitabilitas memediasi secara parsial (partially) pengaruh ukuran perusahaan terhadap nilai perusahaan, (12) profitabilitas memediasi secarapenuh (fully) pengaruh pertumbuhan perusahaan terhadap nilai perusahaan. Kata kunci: financial leverage, ukuran perusahaan, pertumbuhan perusahaan,proditabilitas, nilai perusahaan.