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Journal : JSEH (Jurnal Sosial Ekonomi dan Humaniora)

Mengoptimalkan Nilai Perusahaan: Dampak Profitabilitas dan Leverage, Dimoderasi oleh Ukuran Perusahaan Ariwangsa, I G. N. Oka; Ernawati, Ni Luh; Laksmi P, Kadek Wulandari; Putra, Komang Satria Wibawa
JURNAL SOSIAL EKONOMI DAN HUMANIORA Vol. 10 No. 2 (2024): JURNAL SOSIAL EKONOMI DAN HUMANIORA
Publisher : Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/jseh.v10i2.461

Abstract

The increase in the number of manufacturing companies expanding in Indonesia recently is very potential seen from Indonesia as a developing country. A company's value is reflected in its share price, with a higher share price indicating greater financial success for its shareholders, a company's value refers to the present value of a company, which is determined by the anticipation of future cash inflows it may generate (Abidin, 2022). Stock price fluctuations are a direct manifestation of the effectiveness of company management. Investors and potential investors are careful in making investment choices because they carefully evaluate various facts (Besim, 2023). Signaling theory, describes the method a company uses to proactively communicate to investors about a company's future plans and strategies. Company signals are one of the ways signal theory is realized (Fauziah 2018). The study focused on eleven pharmaceutical companies engaged in the subsector, listed on the Indonesia Stock Exchange (IDX), during the period 2018 to 2022. The hypothesis was assessed in this study using Smart Partial Least Square (PLS) Version 4.0. The findings show that profitability and leverage have a positive influence on a company's value. In addition, the correlation between these two variables further increases when considering the size of the company.
Co-Authors Adnyani, Ni Putu Mita Andistan, Ignacia Betrya Apriliani, Ni Putu Mia Aris Widiana, Ngakan Putu Ariwangsa, I G. N. Oka Ariwangsa, I G.N. Oka Bhargawa, Dewi Andjani Angellina Chintia Camilo Desak Made Sukarnasih Dewa Ayu Rina Dewi Paramitha Dewi, Made Risma Dewi, Putu Purnama Endita, Ni Kadek Citra Ernawati, Ni Luh Felita, Thea Gusi Putu Lestara Permana Gusti Putu Lestara Permana I G. N. Oka Ariwangsa I G. N. Oka Ariwangsa I G. N.O. Ariwangsa I Gede Harry Ramanda Sujana I Gusti Ayu Dhani Handita I Gusti Ayu Mas Rosita Dewi I Kadek Dwi Fajar Swastika I Komang Didi Kariana I Made Yoga Dwipayana Putra I Putu Gede Sulaksana Adi Putra I Putu Nadha Ambara Putra Ida Ayu Ratih Dharmayanti Tatwa IGN Oka Ariwangsa Indriyati Indriyati Kadek Krisna Saputra Komang Setiawan Komang Widhya Sedana Putra P Lely Anggreyni Jawak Made Adika Pradnya Paramita Astawan Mahadhika Feryo Gotama Maitri, Wayan Sri Manu, Aprita Susanti Martina Angelica Oktaviani Damai Naraswari , Ida Ayu Yogi Ni Kadek Anggiyely Sritania Ni Komang Ayulyantari Ni Luh Yulyana Dewi Ni Made Ari Puspita Dewi, Ni Made Ari Puspita Ni Made Dwipayanti Ni Made Lira Amerti Putri Darsana Ni Putu Budiadnyani Ni Putu Early Pradnya Suarnitha Ni Wayan Eva Angellina Ni Wayan Lasmi Niron, Vernanda Christine Novianti, Mega Putri Eka Pandea Bagus Adnyanaesa Permana, Gusti Putu Lestara Permana, Putu Indra Putra, Komang Satria Wibawa Putri, Ni Putu Ayu Sriniken Dhamayanti Putri, Putu Wahyu Cahyani Putu Eka Rumadana Putu Indra Permana Putu Pande R. Aprilyani Dewi Putu Sri Arta Jaya Kusuma Rumadana, Putu Eka Septianee, Putu Ditha Setligt, Eileen Vridynia Sianipar, Arsia Dondania Suci Artini, Ni Kadek Suwardyanba, Gede Irfan Swardyani, Winda Trisna, Ni Nyoman Putri Bulan Yasa, I Gede Pradnyana Antara Yuuka Narita Putri, Ni Made