Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 2 No. 6 (2022): Dinasti International Journal of Economics, Finance & Accounting (January - Feb

Effect of Profitability and Liquidity on Capital Structure and Value of Plantation Companies in Indonesia

Supeno, Ari (Unknown)
Ali, Hapzi (Unknown)
Yayuk Priyati, Rini (Unknown)



Article Info

Publish Date
15 Jan 2022

Abstract

This study aims to examine the effect of profitability and liquidity on firm value in plantation companies in Indonesia with the intervening variable capital structure on plantation companies listed on the Indonesia Stock Exchange for the period 2018-2021. The results of this study indicate that: (1) Profitability has a significant positive effect on Capital Structure; (2) Liquidity has a significant negative effect on Capital Structure; (3) Profitability has no significant positive effect on firm value; (4) Liquidity has a significant negative effect on Firm Value; (5) Capital structure has a significant negative effect on firm value; (6) The effect of statistical intervention on Capital Structure, can mediate the effect of Profitability on Firm Value; (7) The effect of statistical intervention on Capital Structure can mediate the effect of Liquidity on Firm Value.

Copyrights © 2022






Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...