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The pharmaceutical sub-sector company is one of the sectors that have benefited from the Covid-19 pandemic that occurred in early 2019 until now. Due to the Covid-19 pandemic, it has an impact on public health. This article aims to provide empirical evidence related to the capital structure with the object of this research being companies in the pharmaceutical sub-sector listed on the Indonesia Stock Exchange for the period 2019-2021. The data used are quantitative data obtained from the Indonesia Stock Exchange or Indonesia Stock Exchange. The secondary data used for this research is the company's financial statements on the Indonesia Stock Exchange. A higher DER means that the company's financial performance is not good because the more it uses debt which allows it to go bankrupt if the company is unable to pay its obligations. also increase the existing assets in the company. ROA states that the greater the ROA owned by a company, the bigger the company is.

The capital market is an investment vehicle for those who have excess funds. People invest in the capital market with the aim of earning income or return on investment. Investment can be defined as an activity of placing funds in one or more assets during a certain period in the hope of obtaining income and or increasing the value of the investment. The main purpose of the company to invest is the rate of return. The main purpose of investors investing their funds in securities is, among others, to get the maximum rate of return through policies, for example, dividends at a certain risk will get certain results with minimal risk. From the results of the research, it is found that there is a negative influence of Ownership Structure, a positive influence of Dispersion of Ownership, and a negative influence of Capital Structure on the Dividend Policy of Manufacturing Companies Listed on the Indonesia Stock Exchange in 2007-2011.

This study aims to prove the effect of firm size, capital structure, and solvency either partially or simultaneously on firm value in the transportation sub-sector listed on the Indonesia Stock Exchange. The period used in this study is 6 years, starting from 2015-2020. This research uses a quantitative approach with an associative approach. And the sampling technique used in this research is the purposive sampling technique. The type of data used in this research is secondary data. So that the sample in this study amounted to 22 companies that are in the Transportation Sub-Sector listed on the Indonesia Stock Exchange in the 2015-2020 period. The data analysis technique used in this research is descriptive statistical analysis, classical assumption test, multiple linear regression analysis, and hypothesis testing. The results of this study indicate that partially firm size has a positive and significant effect on firm value, partially capital structure has a negative and significant effect on firm value, then partially solvency has a positive and significant effect on firm value. The results of the study simultaneously show that firm size, capital structure, and solvency have an effect on firm value