AKTSAR: Jurnal Akuntansi Syariah
Vol 1, No 2 (2018): December 2018

Pengaruh Profitabilitas dan Firm Size Terhadap Firm Value dengan Capital Structure Sebagai Variabel Mediasi

Veno, Andri (Unknown)
Marpaung, Muslim (Unknown)



Article Info

Publish Date
12 Dec 2018

Abstract

This study aims to analyze the effect of profitability and firm size on firm value mediated by capital structure. The research design was a comparative causal approach (ex post facto) by testing the hypothesis analysis carried out using the component-based Structural Equation Modeling (SEM) method or non-parametric variance (Component Based SEM), Generalized Structured Component Analysis (GSCA). The data was collected from companies listed on the Indonesia Stock Exchange which are included in the LQ-45 index from 2014 until August 2018. In analyzing the data, the writers used multiple linear regression using the assistance of the GSCA program. The result showed that capital structure is proved as an intervening variable for the influence of profitability on firm value. It means that capital structure mediates the effect of profitability on firm value in full mediation.  Meanwhile, capital structure is not an intervening variable for the influence of firm size on firm value. The Capital structure does not mediate the effect of firm size on firm value in full mediation.

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Journal Info

Abbrev

aktsar

Publisher

Subject

Economics, Econometrics & Finance

Description

AKTSAR particularly focuses on the main topics in the development of the sciences of Islamic accounting, management, and business areas. It covers Islamic accounting, public sector accounting, management and business in Islamic perspective, Islamic financial institution, Islamic microfinance, Zakah ...