Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal E-Jurnal Manajemen
Ni Komang Tika Yanti
Universitas Udayana
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
PERAN PROFITABILITAS DALAM MEMODERASI PENGARUH KEPEMILIKAN MANAJERIAL DAN LEVERAGE TERHADAP NILAI PERUSAHAAN PADA SEKTOR BARANG KONSUMEN PRIMER DI INDONESIA Ni Komang Tika Yanti; Ni Putu Ayu Darmayanti
E-Jurnal Manajemen Vol. 15 No. 8 (2026)
Publisher : Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Udayana

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJMUNUD.2026.v15.i8.p02

Abstract

Firm value represents market perception of a company's performance and future prospects as reflected in its stock market price. This research is driven by the movement of firm value, proxied by the Tobin’s Q ratio, within the primary consumer goods sector on the Indonesia Stock Exchange during the 2021–2024 period, which showed significant fluctuations and declines in market value throughout the period. The sampling technique employed was purposive sampling using specific criteria, yielding 19 companies as the research sample. The data analysis method used was the Moderated Regression Analysis (MRA) approach to test the relationship between the independent and dependent variables through a moderating variable. Empirical results demonstrate that managerial ownership and leverage have a positive and significant effect on firm value. Interaction testing reveals that profitability is unable to moderate the effect of managerial ownership on firm value. However, profitability significantly moderates and strengthens the effect of leverage on firm value, suggesting that management should optimize profitability and capital structure to enhance investor confidence and maximize sustainable firm value, as profit levels are a crucial consideration for investors when evaluating debt financing policies.
Co-Authors Ni Putu Ayu Darmayanti