PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL INTERVENING

Ariyani, Vivi
Kurniawati, Dyah
Sukoco, Y. Djoko

Widya Warta
Vol 2 (2020): No. 02 Tahun XLIV/Juli 2020

This study aimed to analyze the effect of profitability on firm value with capital structure as an intervening variable. It used a purposive sampling technique, and the object in this study was the financial company in the period of 2015-2016, with the type of panel data of 170. The results of this study were profitability had a positive effect on capital structure and firm value directly. In contrast, the capital structure as an intervening variable of the effect of profitability on firm value was not proven.