Harahap, Imam Alrasyid
Asosiasi Dosen Akuntansi Indonesia

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FACTORS AFFECTING COMPANY VALUE WITH COMPANY SIZE AS A MODERATING VARIABLE IN MANUFACTURING COMPANIES CONSUMER GOODS INDUSTRY SECTOR IN INDONESIA STOCK EXCHANGE Harahap, Imam Alrasyid
International Journal of Public Budgeting, Accounting and Finance Vol 2 No 2 (2019): Journal of Public Budgeting, Accounting and Finance
Publisher : Asosiasi Dosen Akuntansi Indonesia

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Abstract

The purpose of this researchwas to examine the effect of the investment decision, fundingdecision, dividend policy, profitability and liquidity of the company's value withcompany sizeas a moderating variable. The population in this researchare manufacturing company consumer goods industry sector listed in Indonesia Stock Exchange Period from 2013 to 2017. Method of election sample usingsaturated sample or census. The sample used by 33 companies. The method used in this research is the method of panel data regression with significance level of 5% using a model common effect model (CEM). Hypothesis testing usedt-test, f-test, and residual test. The results of this research is simultantly shows that investment decision, funding decision, dividend policy, profitability and liquidity take effect  to company value. And partially  variables investment decision, funding decision, dividend policy, and profitability has a positive effect and significant to company value. However, variable liquidity didn’t effect to company value. The test result of second hypothesis shows that company size can’t moderate the correlation between investment decision, funding decision, dividend policy, profitability, and liquidity to company value.