PENGARUH STRUKTUR MODAL DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI

Neli Chandra Agustin

Abstract


This study aims to determine the effect of capital structure and profitability on firm value with firm size as a moderating variable. The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange (IDX) with a sample of the consumption sector in 2017-2020. This study used purposive sampling and obtained a sample of 130 companies. The research method used is a quantitative approach using multiple linear regression analysis and the Moderated Regression Analysis (MRA) test using the SPSS version 16 program. The results of this study indicate that capital structure affects firm value, profitability cannot affect firm value, firm size can moderate capital structure on firm value, firm size cannot moderate profitability on firm value.

Keywords: Capital Structure, Profitability, Firm Value, Firm Size


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